Monthly Archives: April 2026
BoJ held rates at 0.75% on a 6–3 vote, while three hawks urged a 25bp rise
Written on April 28, 2026 at 1:51 pm, by josephine
Bank of Japan held rates at 0.75% amid dissent, Middle East risks, higher oil raising inflation forecasts.
Deutsche Bank analysts say US equities outperform, with S&P 500 and Nasdaq hitting record highs amid global caution
Written on April 28, 2026 at 1:23 pm, by josephine
US stocks hit record highs as Nvidia surged, lifting Mag-7; semiconductors dipped after an 18-session streak.
During European hours, EUR/CAD hovers near 1.5960, with euro weakness exceeding Canadian dollar declines amid safe-haven demand
Written on April 28, 2026 at 1:21 pm, by josephine
EUR/CAD hovered near 1.5950 as safe-haven demand rose; ECB and BoC expected to hold rates.
Italy’s year-on-year industrial sales rose to 0.5% in February, recovering from -1% previously
Written on April 28, 2026 at 12:53 pm, by josephine
Italy’s non-seasonally adjusted industrial sales rose 0.5% year-on-year in February, reversing January’s 1% decline.
Italy’s seasonally adjusted industrial sales rose 0.6% month-on-month in February, reversing January’s 0.3% fall
Written on April 28, 2026 at 12:51 pm, by josephine
Italy’s industrial sales increased 0.6% in February, rebounding from January’s 0.3% decline, signaling improved demand.
Gold hovers near a three-week low as the stronger US dollar keeps pressure ahead of FOMC
Written on April 28, 2026 at 12:23 pm, by josephine
Gold nears three-week low as stronger dollar pressures prices; Fed expectations temper losses amid Middle East tensions.
UniCredit Bank’s Austrian manufacturing PMI slipped to 51.2 from 52.4, signalling softer factory activity
Written on April 28, 2026 at 12:21 pm, by josephine
Austria’s UniCredit Bank Manufacturing PMI dipped to 51.2 in April from 52.4, still signaling expansion.
BoJ keeps policy unchanged as US–Iran tensions and market uncertainty continue to influence forex sentiment
Written on April 28, 2026 at 11:53 am, by josephine
Choppy markets as US–Iran peace hopes fade; oil jumps, dollar steady, BoJ hawkish, gold slides.
During Europe’s open, US equity futures edge lower as traders await the Fed amid Hormuz concerns
Written on April 28, 2026 at 11:51 am, by josephine
US equity futures cautious ahead of Fed meeting; Hormuz closure and oil prices heighten inflation, earnings concerns.
OCBC says Asian currencies strengthened, led by MYR, THB and TWD, yet high oil threatens demand recovery
Written on April 28, 2026 at 11:24 am, by josephine
Asian currencies gained on Hormuz reopening proposal; oil stays high, risking uneven FX recovery amid tensions.
