Monthly Archives: April 2026
Trump’s Fed chair pick, Kevin Warsh, told senators reforms are needed; a smaller balance sheet could cut rates
Written on April 21, 2026 at 11:19 pm, by josephine
Warsh urges Fed reforms, prioritizing price stability, less bond buying, smaller balance sheet, clearer communication, fewer speeches.
Risk aversion boosts the US Dollar, pushing AUD/USD towards 0.7160 while it retains a constructive bias
Written on April 21, 2026 at 10:51 pm, by josephine
AUD/USD dips near 0.7160 as risk-off boosts USD; mixed data, Iran-Hormuz tensions cap moves.
GBP/USD falls 0.18% as robust US retail sales lift dollar, while UK jobs stay resilient, Warsh watched
Written on April 21, 2026 at 10:49 pm, by josephine
GBP/USD slipped 0.18% as strong US retail sales boosted dollar; traders await UK inflation updates.
New Zealand’s GDT Price Index improved, moving from -3.4% to -2.7%, indicating reduced declines overall
Written on April 21, 2026 at 10:22 pm, by josephine
New Zealand’s GDT price index decline eased to -2.7%, improving from the previous -3.4% update.
WTI trades near $98.25, rising 0.21%, supported by US-Iran talks hopes despite Hormuz supply risks
Written on April 21, 2026 at 10:19 pm, by josephine
WTI near $98.25 as markets eye US-Iran talks; Hormuz tensions persist, with API stocks expected draw.
EUR/USD dips as stronger US retail data supports the dollar, while eurozone sentiment weakens the euro
Written on April 21, 2026 at 9:53 pm, by josephine
EUR/USD dips as dollar steadies; upbeat US retail and jobs data offset softer Eurozone sentiment, Iran uncertainty.
TD Securities’ Daniel Ghali says gold tracks US hegemon perceptions, fiscal sustainability, and conflict-driven momentum for gains
Written on April 21, 2026 at 9:49 pm, by josephine
Gold’s “hegemon trade” ties bullion to US power, fiscal sustainability, and the dollar’s store-of-value role.
Rabobank’s Jane Foley says UK political doubts and BoE repricing will likely dampen sterling sentiment in May elections
Written on April 21, 2026 at 9:23 pm, by josephine
Rabobank warns UK politics and shifting BoE rate expectations could weaken the pound as inflation volatility persists.
US equity futures dip as rally eases, with the S&P 500 retreating towards crucial technical support level
Written on April 21, 2026 at 9:19 pm, by josephine
US equity futures dip as S&P 500 nears anchored VWAP; oil, geopolitics, overbought signals temper rally.
US pending home sales fell year-on-year to -1.1% in March, worsening slightly from -0.8% previously
Written on April 21, 2026 at 8:52 pm, by josephine
Pending U.S. home sales slipped 1.1% year-on-year in March, extending February’s 0.8% annual decline.
