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Monthly Archives: April 2026

RBC’s Abbey Xu says Canadian card spending rose slightly in March, stabilising despite weak discretionary goods

Written on April 15, 2026 at 8:51 pm, by

RBC says Canadian card spending rose modestly in March; higher petrol prices boosted essentials, discretionary goods remained weak.

In April, America’s NAHB housing market index registered 34, undershooting the anticipated 37 by three points

Written on April 15, 2026 at 8:24 pm, by

NAHB Housing Market Index fell to 34 in April, missing expectations of 37, signaling weaker US homebuilder sentiment.

PBR trades near a thrice-tested trendline, suggesting mounting weakness, after rising from teens to about $22.25

Written on April 15, 2026 at 8:22 pm, by

PBR’s uptrend faces pressure; confirmed closes below trendline signal breakdown risk, while $22.25 reclaim suggests upside.

EUR/GBP trades unevenly as investors monitor Middle East updates, cautiously optimistic about potential US-Iran negotiations success

Written on April 15, 2026 at 7:54 pm, by

EUR/GBP steadied near 0.8694 as Middle East tensions, oil-linked inflation, and rate expectations supported Euro over Pound.

Michiel Tukker of ING expects no April hike, as oil volatility leaves markets pricing rises later

Written on April 15, 2026 at 7:52 pm, by

ING’s Tukker doubts ECB April hike; oil volatility complicates outlook. Markets still see June rise, more.

Cleveland Fed President Beth Hammack told CNBC sustained elevated energy prices may lift inflation yet restrain growth

Written on April 15, 2026 at 7:24 pm, by

Hammack says watch energy prices; Fed likely holds rates, inflation still above target, reserves and independence crucial.

Scotiabank strategists say CAD remains slightly weaker, yet undervaluation narrows; further gains require reduced USD haven demand

Written on April 15, 2026 at 7:21 pm, by

Scotiabank sees Canadian dollar slightly weaker, narrowing undervaluation; USD/CAD range-bound, bearish trend persists; key support/resistance noted.

BBH expects DXY to stay rangebound, with risk sentiment bottomed and rate differentials driving it henceforth

Written on April 15, 2026 at 6:54 pm, by

BBH sees DXY rangebound at 96-100, driven by rate differentials as risk sentiment stabilizes post-March.

Standard Chartered expects Japan’s 2026 growth at 0.7% and inflation 2.0%, driven by oil prices and yen weakness

Written on April 15, 2026 at 6:52 pm, by

Standard Chartered cuts Japan 2026 GDP to 0.7%, lifts CPI to 2.0%; BoJ tightening delayed to Q3 2026.

March saw the United States’ year-on-year Import Price Index rise to 2.1% from 1.3%

Written on April 15, 2026 at 6:25 pm, by

U.S. Import Price Index increased 2.1% year-on-year in March, accelerating from 1.3% in the previous reading.

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