Bank of Korea held rates at 2.5%, warned inflation rising, growth weakening; July hike possible, data-dependent ahead.
University of Michigan Consumer Sentiment Index fell to 47.6 in April, missing forecasts of 52.
US five-year consumer inflation expectations climbed to 3.4% in April, up 0.2 points from March’s 3.2%.
US factory orders were flat in February, beating forecasts for a small decline and signaling stable demand.
Visible pump prices spark crises, yet demand stagnates; policy weighs subsidies versus higher prices to cut consumption.
Hassett says Fed rate-cut outlook solid; Strait of Hormuz reopening in two months would rapidly lower energy prices.
Canada’s employment rose 14k in March; unemployment held 6.7% amid slowing labour force growth.
EUR/USD holds near 1.17 as improved sentiment, supportive yields and bullish technicals target 1.18 resistance.
UOB sees USD/JPY edging higher, but capped below 159.60; support near 158.90 remains crucial.
Pound rose against majors, near 1.3444; peace-deal hopes lifted GBP/USD, eyes 1.3520 if 1.3480.
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