VT Markets https://validator.w3.org/feed/docs/rss2.html With inflation risks returning, the Bank of England deliberately held the base rate steady at 3.75% EUR/GBP edges lower after ECB and BoE maintain rates, while hawkish policymakers remain vigilant AUD/USD rebounds near 0.7190 as strong Chinese data lifts Aussie, while a softer US dollar helps US four-week bill auction yield edged up to 3.6%, slightly higher than the previous 3.595% Reuters sources say ECB policymakers may raise rates twice from June if Brent remains above $100 Standard Chartered analysts warn Romania’s political turmoil may weaken fiscal consolidation efforts and postpone essential reforms Colombia’s national unemployment rate fell to 8.8% from 9.2%, reflecting improved labour market conditions overall When Trade Relief Meets an Energy Shock OCBC strategists say Asian currencies weakened as surging Brent, inflation concerns and hawkish Fed repricing dampened sentiment Commerzbank expects India’s growth near 6.5%, aided by demand, GST 2.0 reforms, pro-investment budgets, risks rising EUR/USD inches up as dollar weakens after Tokyo action, while bulls hold 200-day SMA below Fibonacci level Markets lift GBP/USD 0.78% as investors anticipate Bank of England tightening, targeting 1.3600 amid bullish engulfing pattern Standard Chartered warns UK local elections may pressure Starmer, spark Labour challenge, while gilts remain central focus WTI oil retreats to near $101.45, yet holds above $100 as Hormuz tensions sustain supply concerns As the Dollar eases on intervention warnings, gold rises modestly, though prolonged higher rates cap gains Driven by Caterpillar earnings, the Dow surged roughly 730 points, recovering from below 48,500 above 49,500 Brzeski says ECB holds rates, as Eurozone stagflation risks grow amid weak GDP, mixed inflation, tighter credit conditions ABN AMRO’s economist Rogier Quaedvlieg says the Fed held rates and retained a dovish easing bias Amid speculation of Japan intervening, a softer US Dollar leaves USD/CAD near 1.3612, down 0.53% Meta’s 10% plunge dragged the NASDAQ down 0.5% as investors shrugged off strong quarterly results With rates unchanged, the ECB faced rising inflation risks alongside a slowing economy amid complex conditions USD/JPY stabilises following an intervention-warning slump, as Tokyo’s cautions propelled the yen higher broadly An anonymous official said President Trump is considering measures to reopen the Strait of Hormuz blockade Following its $555.45 peak, Microsoft entered wave (II), bottoming at $356.07, starting a three-wave correction NBC economists say Canada’s economy rose 0.2% in February, with Q1 industry GDP tracking 1.7% annualised amid headwinds Sterling-dollar climbs to 1.3550 after BoE keeps 3.75% rates; weaker US GDP boosts demand In April 24, EIA reported US natural gas storage rose 79B, beneath the 83B forecast figure Rabobank strategist Stefan Koopman says the BoE held 3.75%, with Bailey weighing inflation persistence against jobs, activity Scotiabank says CAD rises as USD softens and swap spreads tighten; BoC holds policy, citing oil-trade risks Reuters reports Japanese officials allegedly made their first 2024 currency-market intervention, aimed at curbing speculative trading moves Nordea’s Jan von Gerich says ECB held rates at 2.0%, staying data-driven, while boosting June hike odds In April, America’s Chicago PMI registered 49.2, falling short of the 53 forecasted figure ADP, a leading payroll firm, nears a yearlong downtrend line, with resistance looming overhead RBC’s Abbey Xu says February GDP rose 0.2%, with goods and services recovering as auto disruptions eased ECB President Christine Lagarde explains unchanged April rates decision and answers journalists, dismissing concerns about second-round effects Commerzbank’s Nguyen says expanded output and weak demand widened copper surplus to 300,000 tonnes, limiting gains With ECB rates unchanged, EUR/USD rises to 1.1690, as mixed US data pressures the Dollar, after 1.1655 low Lagarde outlines ECB’s decision to keep rates unchanged, addressing journalists’ questions on future policy direction ECB President Christine Lagarde defended holding rates steady, answering press questions and emphasising interest rates as key tool ING’s James Smith says the BoE may raise rates once in June as inflation tops 4% Christine Lagarde explained ECB’s April steady rates decision, warning energy costs deter investment by firms, households After the ECB holds rates, EUR/JPY slips to 183.60 as Japan’s intervention warnings intensify Onshift, the Australian Dollar remains broadly steady, rising 0.5% against the US Dollar amid hawkish RBA expectations In March, America’s core PCE inflation year-on-year matched forecasts, registering a 3.2% increase GBP/USD rises 0.78% as traders anticipate BoE tightening, with bullish engulfing targeting 1.3600 In March, US PCE Price Index annual inflation matched forecasts, coming in at 3.5% as expected March’s US PCE Price Index month-on-month matched expectations, rising 0.7%, aligning closely with economists’ projections March saw US core PCE price index match forecasts, rising 0.3% month-on-month as expected Forecasts are matched as the Eurozone ECB deposits facility rate stays at 2% without any changes VT Markets – Reliable Forex & CFD Broker | VT Markets