British Pound extended gains as pressure mounted on Starmer; Burnham backed fiscal rules, pushing GBP/USD higher.
China’s April trade surged as exports rose, but weak domestic demand and investment weighed on growth.
Sterling rose as Starmer faced pressure; GBP/USD steadied, gilts gained, oil jumped, and rate-hike bets increased.
US total net TIC flows dropped to $150.7bn in March, down $33.8bn month-on-month, still net inflow.
DXY dips near 99.10 on Fed chair change news; US-Iran developments ease safe-haven demand, lifting majors.
Asian EM currencies weaken as US yields, stronger dollar and higher oil strain importers’ reserves.
S&P 500 hit extended Fibonacci targets, showed weakening breadth; expects brief pullback, final rally, then major bear market.
Standard Chartered lifts Taiwan 2026 growth forecast to 9.5% on surging Q1 GDP, AI-export strength.
Japan’s finance minister warns oil-driven forex swings and speculation; G7 monitoring volatility, mineral controls, and imbalances.
China’s April data weakened; TD sees cautious PBOC, targeted fiscal support, infrastructure spending, and possible post-July shift.
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