Monthly Archives: April 2026
Bank of Canada holds its interest rate at 2.25%, matching forecasts and leaving monetary policy unchanged
Written on April 29, 2026 at 6:53 pm, by josephine
Bank of Canada holds policy rate at 2.25%, keeping borrowing costs steady; future moves hinge on inflation data.
A White House official said Trump met Chevron and energy leaders to discuss prolonged oil blockade amid conflict
Written on April 29, 2026 at 6:51 pm, by josephine
Trump met Chevron and other energy executives to discuss oil markets and sustaining Iran blockade amid conflict.
Ahead of the FOMC meeting, BNY’s Bob Savage reports rising US dollar demand across cash and short-term instruments
Written on April 29, 2026 at 6:23 pm, by josephine
US Dollar demand rises before FOMC; BNY notes CAST inflows, mixed flows, dovish tilt supporting USD.
Rabobank strategist Bas van Geffen says Brent tops $112 as Hormuz stays shut and US-Iran talks stall
Written on April 29, 2026 at 6:21 pm, by josephine
Brent topped $112 as Trump rejected Iran’s Hormuz proposal; talks stalemate, strait closed, risks persist.
Silver falls to about $72.30 after failing $74, as Fed caution fuels prolonged higher interest-rate worries
Written on April 29, 2026 at 5:53 pm, by josephine
Silver drops to $72.30 as dollar strengthens ahead of Fed; higher yields and geopolitical risks pressure metals.
Ahead of the Bank of Canada rate call, USD/CAD trades slightly lower, maintaining a modest bearish bias
Written on April 29, 2026 at 5:51 pm, by josephine
USD/CAD edged lower before BoC and Fed decisions, oil supported CAD; guidance, tensions may boost volatility.
DBS Bank’s Philip Wee says the Fed will hold rates steady as Powell gives his final Chair briefing
Written on April 29, 2026 at 5:23 pm, by josephine
Fed holds rates; Powell’s final presser looms as Warsh-backed shift to trimmed-mean, AI-driven easing emerges.
MUFG’s Derek Halpenny says CAD remains resilient against USD, as BoC expected hawkishly hold rates unchanged
Written on April 29, 2026 at 5:21 pm, by josephine
Canadian dollar stable as Bank of Canada holds rates, turns hawkish amid conflict-driven inflation and energy risks.
TD Securities expects the Fed to hold rates at 3.50–3.75% in April, citing patience, balanced labour, oil inflation
Written on April 29, 2026 at 4:53 pm, by josephine
TD Securities expects Fed to hold rates, remain patient; Middle East oil shock lifts inflation, markets watch Powell.
March saw US durable goods orders climb 0.8%, beating 0.5% forecasts after February’s 1.2% fall
Written on April 29, 2026 at 4:51 pm, by josephine
March US durable goods orders rose 0.8% to $318.9B, beating forecasts; computers/electronics up 3.7%.
