VT Markets https://validator.w3.org/feed/docs/rss2.html VT Markets – Reliable Forex & CFD Broker | VT Markets USD/CAD climbs to 1.3617, gaining 0.22%, as Strait of Hormuz tensions bolster the US dollar BNP Paribas economists see UK inflation sustaining BoE tightening, while growth halves by 2026 as quarterly gains fade US factory orders rose 1.5% month-on-month in March, exceeding forecasts of a 0.5% increase Silver begins the week lower near $73.50, falling 2.41% as dollar strength and yields rise TD Securities expect US labour metrics to normalise, forecasting 80k payrolls, 4.3% joblessness and modest wages Commerzbank’s Pfister sees EUR/CHF climbing soon as euro strengthens and SNB hike expectations diminish, via rhetoric Bessent told Fox News the US controls and is reopening the Strait of Hormuz, Reuters reports BNY’s Bob Savage notes RBNZ’s Prasanna Gai rejects automatic rate rises after Strait of Hormuz shocks BNP Paribas forecasts above-trend 2026 US growth, 2.4% GDP, 3.3% inflation, Fed rates steady at 3.5%-3.75% Brazil’s S&P Global Manufacturing PMI climbed to 52.6 in April, up from 49 previously TD Securities’ Both and Lawrence predict the Bank of Canada holds 2.25% until 2026, rising to 2.75% in 2027 Societe Generale says April confidence slumped, dimming eurozone outlook, with low indices, tightening credit, and demand subdued In April, South Africa’s total new vehicle sales fell to 47,979 from the prior 58,060 figure Commerzbank’s Volkmar Baur says traders expect another RBA hike as inflation stays elevated, rhetoric hawkish An Iranian official said Iran warned a US warship in Hormuz; damage status remained uncertain, Reuters reported Heightened US-Iran tensions dampen sentiment as Sterling retraces gains, pushing GBP/USD below 1.3550 from 1.3650 highs Bob Savage says the ECB leans towards a June rate cut, unlike the BoE awaiting confirmation During the European session, XAU/USD slides below $4,550, with sellers targeting prior lows near $4,500 BNY’s Bob Savage says ECB signals June rate cut, while BoE waits for clearer evidence, shifting stance During the European session, gold dips below $4,550, with bears targeting last Thursday’s $4,500 low Reports of Iran striking a US warship drove crude oil higher amid escalating Middle East tensions in Europe Reuters cited Fars saying two missiles struck a US warship near Jask after it ignored Iranian warnings Geopolitical unrest lifts the US Dollar, sending DXY back above 98, yet within recent lower ranges Commerzbank says oil boosts CAD briefly, but weak economy and USMCA talks limit USD/CAD falls till Q4 EUR/JPY hovers near 184.00, dipping 0.04%, reflecting Eurozone resilience versus intervention-backed Yen demand HSBC Asset Management says US equities hit highs, keep valuation premium, with 2026 profit growth forecast 15% Societe Generale expects Bank Rate to stay at 3.75% until 2026, after 8–1 MPC vote, unless US-Iran conflict drives hikes UOB strategists expect the ECB to maintain policy, delivering one 25-basis-point rate rise in June Risk-averse mood strengthens the US Dollar, pushing AUD/USD below 0.7227, near 0.7200 in Europe May saw Eurozone investor morale improve slightly, as Sentix Investor Confidence rose to -16.4 from -19.2 OCBC strategists say gold consolidates after rebounding from 4510, as elevated oil prices cloud Fed-inflation outlook Morgan Stanley and Goldman Sachs foresee $1.1 trillion AI spending by 2027, intensifying competition across markets During Asian hours, USD/INR trades near 95.00 for a second day as the Dollar strengthens Rising inflation fears leave gold exposed, slipping in Europe towards $4,580, nearing Friday’s swing low again Commerzbank’s Michael Pfister says the SNB lacks sustainable options to weaken CHF against USD and peers Bearish sentiment drags XAG/USD towards $74.00, with support potentially tested near the four-month low at $61.01 Eurozone inflation is forecast at 2.7% in 2026, easing to 2.1% in 2027, 2% in 2028 Societe Generale economists say eurozone growth barely advanced, worsening risks, as inflation rises and confidence weakens Turkey’s April exports rose to $25.4 billion, increasing from the prior $21.9 billion level overall April’s Eurozone HCOB Manufacturing PMI matched expectations, arriving at 52.2, indicating steady factory output levels Greece’s S&P Global Manufacturing PMI eased to 52.4 in April from 54.5 previously, indicating slower momentum WTI crude approaches $100 as Trump promises to safeguard Hormuz shipping, lifting prices by around $3 Why VT Markets is the Best Multi-Asset Broker in Europe Germany’s HCOB Manufacturing PMI reached 51.4 in April, slightly exceeding forecasts of 51.2 Turkey’s April monthly Consumer Price Index rose 4.18%, exceeding forecasts of 3.28% by economists MUFG’s Wan says Japan likely intervened, spending ¥5–6 trillion, pushing USD/JPY from 160 towards 157 Ahead of Europe’s open, USD/JPY recovers near 156.80 after an abrupt fall to 155.70 on possible yen intervention UOB strategists say Brent suffered its steepest monthly fall since December 2025, despite Hormuz worries lifting prices above $126/bbl Oil Holds Above $102 As Hormuz Risk Deepens