Monthly Archives: April 2026
HSBC strategists cite volatile gold trading, then stabilising near USD 4,800, helped by a weaker Dollar
Written on April 20, 2026 at 8:19 pm, by josephine
Gold has swung between $4,405 and $5,450, pressured by yields, dollar strength, yet structurally supported.
BNP Paribas forecasts Eurozone GDP rising to 1.6% in 2026, backed by German fiscal steps, defence and AI investment
Written on April 20, 2026 at 7:57 pm, by josephine
BNP Paribas forecasts steady Eurozone growth through 2026, but energy shocks may prompt ECB rate hikes.
Reuters reports a senior Iranian official says Tehran is considering joining further US peace talks, undecided
Written on April 20, 2026 at 7:55 pm, by josephine
Iran reviewing participation in next US peace talks; Pakistan pushes to end blockade; decision pending, outlook positive.
Amid UK political scrutiny and German producer prices, EUR/GBP holds near 0.8700, broadly unchanged
Written on April 20, 2026 at 7:52 pm, by josephine
EUR/GBP holds near 0.8700 as Euro gains from German inflation, while UK politics and data weigh.
ING analysts say aluminium prices dipped on Hormuz assurances, then rebounded as closure fears renewed supply risks
Written on April 20, 2026 at 7:49 pm, by josephine
Aluminium prices dropped after Iran reopened Hormuz, but renewed closure threatens Middle East supply, widening global deficits.
MUFG’s Lee Hardman says Middle East tensions drove the US dollar higher, pushing DXY towards 98.500
Written on April 20, 2026 at 6:52 pm, by josephine
US dollar rises as US–Iran tensions flare, Strait of Hormuz uncertainty boosts DXY toward 200-day average.
Oil-fuelled Yen softness from Hormuz tensions leaves sterling pressing near peaks, maintaining bullish control
Written on April 20, 2026 at 6:49 pm, by josephine
GBP/JPY rebounds as Hormuz tensions lift oil, pressure yen; BoE cuts may delay, BoJ hikes pause.
Rabobank’s Jane Foley says intervention fears keep USD/JPY below 160 as the yen remains G10’s weakest currency
Written on April 20, 2026 at 6:22 pm, by josephine
Yen remains weakest G10; USD/JPY near 160 ahead of BOJ and Fed meetings, risking intervention if rising.
TD foresees UK jobs stabilising, unemployment edging lower, pay growth easing, and the MPC watching expectations closely
Written on April 20, 2026 at 6:19 pm, by josephine
TD Securities forecasts UK labour stabilisation: unemployment 5.1%, jobs +50k, wage growth easing; MPC eyes inflation expectations.
Statistics Canada reported Canada’s annual CPI inflation rose to 2.4% in March, missing 2.5% forecasts
Written on April 20, 2026 at 5:52 pm, by josephine
Canada’s March inflation climbed to 2.4% annually, below forecasts; core CPI rose; USD/CAD steady.
