Monthly Archives: April 2026
Rabobank’s Michael Every warns Europe faces energy disruption, Druzhba oil issues, and possible EU funding for Ukraine
Written on April 22, 2026 at 3:19 pm, by josephine
Europe faces energy disruptions and escalation risks; EU €90bn to fund missiles, drones amid fuel constraints.
Silver edges up, yet stays below $78.00 as former $78.50 support now blocks further gains
Written on April 22, 2026 at 2:52 pm, by josephine
Silver edged higher but stayed weak under $78 as Middle East tensions and strong dollar kept pressure.
South Africa’s year-on-year retail sales rose 1.6%, undershooting the 4.8% forecast in February
Written on April 22, 2026 at 2:49 pm, by josephine
South Africa’s February retail sales grew 1.6% year-on-year, missing the 4.8% forecast by 3.2 points.
Data indicate silver trades at $78.10 per ounce, rising 1.90% from Tuesday’s $76.64
Written on April 22, 2026 at 2:23 pm, by josephine
Silver climbed to $78.10/oz, up 1.9% Tuesday, nearly 10% YTD amid economic and geopolitical factors.
Societe Generale says Brent fell from highs after Trump extended Iran ceasefire, leaving oil’s recovery uncertain
Written on April 22, 2026 at 2:19 pm, by josephine
Brent slips from highs after Trump extends Iran ceasefire; Hormuz reopening uncertain; $104 key, 50‑DMA support.
During European hours, EUR/CAD hovered near 1.6040, below 1.6050, as oil supported the Canadian Dollar
Written on April 22, 2026 at 1:53 pm, by josephine
EUR/CAD neared 1.6040 as CAD gained from risk-on sentiment and firmer oil; ECB warned uncertainty.
Commerzbank’s Ghose says Turkey’s central bank faces split expectations; inaction could trigger a sharper lira sell-off
Written on April 22, 2026 at 1:49 pm, by josephine
Markets split on Turkey rate decision; disinflation doubts, worsening balances pressure lira, managed FX, tightening needed to avoid selloff.
Deutsche Bank analysts say S&P 500 futures recover after Iran-linked losses and a more hawkish Fed outlook
Written on April 22, 2026 at 1:22 pm, by josephine
S&P 500 futures climbed after worst drop since March; ceasefire extension helped, but hawkish Fed fears linger.
DBS economist Radhika Rao says RBI partly reversed FX curbs, balancing hedging needs and rupee weakness
Written on April 22, 2026 at 1:19 pm, by josephine
RBI partially rolls back FX curbs, easing related-party transactions and NDF hedging while maintaining open-position limits.
AUD/USD rises near 0.7170 in Europe, as a stronger Australian dollar targets 0.7220 highs
Written on April 22, 2026 at 12:52 pm, by josephine
AUD/USD climbs to 0.7170 as risk-on sentiment grows after extended US-Iran ceasefire; PMI data awaited.