Monthly Archives: April 2026
Nordea’s Jan von Gerich says ECB held rates at 2.0%, staying data-driven, while boosting June hike odds
Written on April 30, 2026 at 7:24 pm, by josephine
ECB holds rates at 2.0%, signals data-dependent stance; inflation risks rise, growth risks grow, markets price June hike.
In April, America’s Chicago PMI registered 49.2, falling short of the 53 forecasted figure
Written on April 30, 2026 at 6:27 pm, by josephine
Chicago PMI fell to 49.2 in April, missing the 53 forecast; below 50 signals contracting business activity.
ADP, a leading payroll firm, nears a yearlong downtrend line, with resistance looming overhead
Written on April 30, 2026 at 6:24 pm, by josephine
ADP is stabilizing after weakness, eyeing resistance at $226.55; triggers at $220, stops below lows.
RBC’s Abbey Xu says February GDP rose 0.2%, with goods and services recovering as auto disruptions eased
Written on April 30, 2026 at 5:58 pm, by josephine
Canada’s GDP rose 0.2% in February; Q1 growth slightly above forecasts; Bank of Canada rates steady.
ECB President Christine Lagarde explains unchanged April rates decision and answers journalists, dismissing concerns about second-round effects
Written on April 30, 2026 at 5:55 pm, by josephine
Lagarde said ECB held rates steady in April, cited lingering energy impacts and no significant wage pressures.
Commerzbank’s Nguyen says expanded output and weak demand widened copper surplus to 300,000 tonnes, limiting gains
Written on April 30, 2026 at 5:27 pm, by josephine
Commerzbank says copper surplus hit 300,000 tons as output rose, demand lagged; high prices may cap gains.
With ECB rates unchanged, EUR/USD rises to 1.1690, as mixed US data pressures the Dollar, after 1.1655 low
Written on April 30, 2026 at 5:25 pm, by josephine
EUR/USD rose to 1.1690 after weak US GDP; Fed uncertainty persists as ECB holds rates, stresses risks.
Lagarde outlines ECB’s decision to keep rates unchanged, addressing journalists’ questions on future policy direction
Written on April 30, 2026 at 4:58 pm, by josephine
ECB held rates; Lagarde warned uncertainty, energy inflation risks, weaker growth, and data-dependent policy amid turbulence.
ECB President Christine Lagarde defended holding rates steady, answering press questions and emphasising interest rates as key tool
Written on April 30, 2026 at 4:55 pm, by josephine
Lagarde said ECB held rates steady, rejecting “stagflation” label; reiterated 2% symmetric target, June scenarios update.
ING’s James Smith says the BoE may raise rates once in June as inflation tops 4%
Written on April 30, 2026 at 4:28 pm, by josephine
Bank of England held rates at 3.75%; Middle East tensions shifted expectations as ING now predicts possible June hike.
