EUR/USD slipped on oil-driven dollar strength as Iran tensions lingered; US data firm, Euro inflation softer.
Energy-led inflation and strong domestic demand lift Australian price pressures, bolstering expectations for a 25bp RBA hike.
WTI hit $102 as Trump mulled Hormuz blockade; UAE quit OPEC, boosting supply fears and volatility.
Deutsche Bank ties geopolitics to reserve shifts: emerging markets boost gold, reduce dollar holdings as FX reserves evolve.
US EIA reports crude oil stocks fell 6.233M week ending April 24, after prior 1.925M increase.
Senate Banking Committee approves Trump’s Fed chair nominee Kevin Warsh; full Senate vote next amid Warren opposition.
US dollar steady as equities and earnings buoy sentiment; oil surge and hawkish Fed signal support.
BRK.B remains in an Elliott Wave uptrend; wave ((4)) may dip to 433–388 before wave ((5)) rises.
EUR/GBP trades above rate-differentials, reflecting sterling risk premium from UK politics, higher gilt yields, and BoE upside.
Bank of Canada holds policy rate at 2.25%, keeping borrowing costs steady; future moves hinge on inflation data.
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