Monthly Archives: April 2026
WTI crude drops towards $80, as Iran reopens Hormuz Strait, calming supply concerns after $90 spike
Written on April 17, 2026 at 8:52 pm, by josephine
WTI crude plunged to $81.50 after Iran declared Strait of Hormuz open, easing blockade disruption fears.
Deutsche Bank says political risk drove up 10-year gilt yields after Mandelson’s security clearance was reportedly overruled
Written on April 17, 2026 at 7:54 pm, by josephine
UK 10-year gilt yields jumped after Mandelson vetting report, fuelling leadership-change fears and looser fiscal outlook.
Nordea analysts expect the ECB to raise rates by 25bp four times from June as inflation persists
Written on April 17, 2026 at 7:52 pm, by josephine
Nordea forecasts four ECB 25bp hikes from June, despite ceasefire; resilient economy and sticky core inflation.
Markets move on risk sentiment as Iran’s minister says Hormuz shipping stays open during ceasefire period
Written on April 17, 2026 at 7:25 pm, by josephine
Iran says Strait of Hormuz fully open during Lebanon ceasefire; Trump confirms passage, markets rise, dollar slips.
Lagarde told the IMF committee that ECB inflation may exceed expectations outlined in its baseline forecast
Written on April 17, 2026 at 7:22 pm, by josephine
Lagarde warned euro area inflation uncertainty rose after Middle East war, with upside risks from wages, expectations.
Commerzbank analysts say the International Copper Study Group expects 2026 deficits and further tightening into 2027 ahead
Written on April 17, 2026 at 6:54 pm, by josephine
ICSG now expects copper deficits through 2026-2027, despite rising Chinese output, tightening markets and supporting prices.
GBP/JPY edges lower as Iran hints at reopening Hormuz, oil falls, and the yen outperforms sterling
Written on April 17, 2026 at 6:52 pm, by josephine
GBP/JPY dipped to 215.05 as firmer Yen, easing oil fears; resistance 216.39, support 212.92.
BBH’s Elias Haddad says markets are consolidating, as investors monitor whether the US-Iran ceasefire endures
Written on April 17, 2026 at 6:25 pm, by josephine
Markets consolidate amid US-Iran ceasefire watch; oil under $100, stocks pause; BBH sees rangebound, bearish dollar.
UOB strategists say GBP/USD reversed near 1.3600, with weaker momentum confining declines to 1.3495–1.3555 range
Written on April 17, 2026 at 6:22 pm, by josephine
GBP/USD retreated from near 1.3600; expected 1.3495–1.3555. Momentum fading; break below 1.3480 confirms reversal.
Washington weighs a $20bn Iran agreement, drafting measures to curb uranium enrichment and ease conflict talks
Written on April 17, 2026 at 5:55 pm, by josephine
US-Iran talks weigh releasing $20bn frozen funds for uranium reduction, enrichment pause, and conflict-ending plan.
