Monthly Archives: April 2026
WTI crude trades near $98, rising 3.21%, as ongoing Hormuz closure heightens supply disruption, reaching April-high
Written on April 29, 2026 at 2:21 am, by josephine
WTI nears $98 as Hormuz Strait closure persists amid US-Iran talks stalemate, tightening supply; Brent may surge.
TD Securities expects Canada’s spring update to show a modestly improved 2026–27 deficit near CAD 60bn
Written on April 29, 2026 at 1:53 am, by josephine
TD Securities sees Canada’s deficit narrowing to CAD 60bn in 2026–27 on higher revenues, modest spending.
With interest rates staying higher, XAG/USD remains below moving averages, extending bearish losses over 2.5%
Written on April 29, 2026 at 1:51 am, by josephine
Silver drops 2.5% as higher yields, strong dollar, and oil-driven inflation risks pressure XAG/USD ahead Fed.
Standard Chartered strategists say labour-market slack and weak domestic demand should curb UK second-round inflation effects
Written on April 29, 2026 at 1:23 am, by josephine
UK labour slack and weak demand curb wage and pricing power, lowering second-round inflation risks post-energy shock.
Amid US-Iran tensions, risk-off flows strengthen the Dollar, pushing NZD/USD down near 0.5890 below 0.5900
Written on April 29, 2026 at 1:21 am, by josephine
NZD/USD dips toward 0.5890 as safe-haven Dollar strengthens; Fed pause expected, RBNZ tightening limits downside.
US seven-year note auction yield was 4.175%, down from the previous 4.255% level
Written on April 29, 2026 at 12:53 am, by josephine
U.S. 7-year Treasury auction yield fell to 4.175% from 4.255%, a 0.080-point drop overall.
Ahead of the Fed decision, traders reposition; Middle East tensions limit the Dollar, boosting EUR/USD recovery
Written on April 29, 2026 at 12:51 am, by josephine
Euro trims losses as Dollar momentum fades before Fed; markets eye higher-for-longer rates amid oil tensions.
USD/JPY holds near 159.50 as hawkish Bank of Japan stance and Middle East tensions buoy dollar demand
Written on April 29, 2026 at 12:24 am, by josephine
USD/JPY rebounds near 159.50 after BOJ holds rates; dollar gains on geopolitical safe-haven demand, intervention risk.
Ahead of Fed and BoC decisions, USD/CAD rises 0.33%, nearing 1.3670 after rebounding from 1.3600
Written on April 29, 2026 at 12:21 am, by josephine
USD/CAD climbs near 1.3670 as oil rallies; traders await BoC and Fed rate holds, amid Hormuz tension.
As Iran negotiations falter, DJIA futures hover near 49,200, lifted by Coca-Cola’s 5% earnings surge
Written on April 28, 2026 at 11:54 pm, by josephine
US stocks mixed; Coca-Cola surged, tech slid on OpenAI growth worries; Iran tensions lifted oil, Fed awaited.