Monthly Archives: April 2026
The Census Bureau said US March retail sales reached $752.1bn, up 1.7%, beating 1.4% forecasts
Written on April 21, 2026 at 5:52 pm, by josephine
US retail sales climbed 1.7% in March to $752.1B, beating forecasts; dollar index edged higher.
Rabobank’s Foley says UK politics and inflation may bolster sterling, despite softened Bank of England expectations lately
Written on April 21, 2026 at 5:25 pm, by josephine
UK political uncertainty and shifting BoE rate expectations may temper sterling, while EUR/GBP edges higher.
Amid rising geopolitical and political tensions, the pound weakened as a stronger dollar drove GBP/USD near 1.3515
Written on April 21, 2026 at 5:22 pm, by josephine
GBP/USD slipped to 1.3515 as dollar strengthened; US-Iran tensions boosted safe-haven demand, capping gains.
Danske Bank reports Canada’s March headline inflation rose to 2.4% annually, slightly under forecasts, core steady
Written on April 21, 2026 at 4:54 pm, by josephine
Canada’s inflation rose to 2.4% in March; Bank of Canada signals calm, likely holding rates unchanged.
US retail sales rose 4% year-on-year in March, exceeding forecasts and the prior 3.7% reading
Written on April 21, 2026 at 4:52 pm, by josephine
US retail sales grew 4% year-on-year in March, accelerating from the prior month’s 3.7% increase.
In March, US retail sales rose 1.7% month-on-month, exceeding forecasts of 1.4% by economists
Written on April 21, 2026 at 4:24 pm, by josephine
US Retail Sales jumped 1.7% in March, beating forecasts of 1.4% and signaling stronger consumer spending.
Leadership uncertainty surrounds the Fed as Warsh faces hearings; politics may delay him, Powell stays temporarily pending inquiry
Written on April 21, 2026 at 4:22 pm, by josephine
Senate panel holds hearings for Fed chair nominee Warsh as Powell’s term ends, confirmation uncertain.
US ADP four-week average employment change rose to 54.8K, compared with the prior 39K reading
Written on April 21, 2026 at 3:55 pm, by josephine
U.S. ADP employment change 4-week average rose to 54.8K on March 28, up 15.8K.
EUR/USD trades around 1.1765 as the euro slips modestly, awaiting Fed’s Warsh and US-Iran talks
Written on April 21, 2026 at 3:52 pm, by josephine
Euro slips to 1.1765 after weak ZEW sentiment; focus shifts to Warsh hearing and US-Iran talks.
Patterson and Manthey say copper slips after gains, near two-month highs, as macro tightening dents demand
Written on April 21, 2026 at 3:25 pm, by josephine
Copper slips from recent gains near two-month highs; inflation, tight policy curb demand; aluminium supported by supply disruptions.