Monthly Archives: April 2026
Commerzbank’s Antje Praefcke expects Kevin Warsh confirmed as Fed Chair in May, replacing Jerome Powell mid-month
Written on April 28, 2026 at 6:51 pm, by josephine
Banking Committee expected to advance Warsh as Fed Chair after DOJ drops Powell construction investigation objection.
In April, the US ADP Employment Change four-week average fell to 39.3K from 54.8K previously
Written on April 28, 2026 at 6:23 pm, by josephine
US ADP employment change four-week average slipped to 39.3K on April 4, down 15.5K.
Pesole says oil and tensions lift the dollar slightly, but equities and month-end flows restrain gains
Written on April 28, 2026 at 6:21 pm, by josephine
Dollar sees modest support from oil, but equities and month-end flows weigh; focus shifts to FOMC.
In April, Brazil’s mid-month inflation accelerated, climbing from 0.44% previously to 0.89%
Written on April 28, 2026 at 5:54 pm, by josephine
Brazil’s mid-month inflation rose to 0.89% in April, up from 0.44% in the prior period.
WTI crude trades near $98, extending a two-day climb amid stalled US–Iran peace negotiations, highest since April 13
Written on April 28, 2026 at 5:51 pm, by josephine
WTI nears $98 as Hormuz closure tightens supply; Brent above $111. Trump presses Iran trade deal.
During European trade, USD/JPY climbs near 159.70 as the dollar leads peers before the two-day Fed meeting
Written on April 28, 2026 at 5:24 pm, by josephine
USD/JPY rises toward 159.70 as dollar strengthens pre-Fed; BoJ holds steady, dissenters seek hike; bullish bias.
Intervention risk increases as BoJ holds rates at 0.75%, while Ueda offers no June guidance, disappointing markets
Written on April 28, 2026 at 5:21 pm, by josephine
BoJ holds 0.75% rate; Ueda vague on June hike. TD sees June rise, yen risks, intervention.
With oil aiding the Canadian dollar, USD/CAD rises to 1.3665 amid safe-haven demand, gains limited
Written on April 28, 2026 at 4:54 pm, by josephine
USD/CAD rose to 1.3665 as Iran tensions lifted dollar demand, but higher oil capped gains.
Deutsche Bank says Brent hovers near three-week highs as Hormuz closure persists and US–Iran talks stall
Written on April 28, 2026 at 4:51 pm, by josephine
Brent hits three-week high above $100 as Hormuz remains closed, talks stall, inflation fears intensify.
Silver falls nearly 3% under $73 in Europe as traders await the Federal Reserve’s policy decision
Written on April 28, 2026 at 4:24 pm, by josephine
Silver drops nearly 3% below $73 as traders await Fed decision; firmer dollar pressures prices.
