Argentina Industrial Output n.s.a (YoY) declined to -8.7% in February from previous -3.2%
Argentina Industrial Output n.s.a (YoY) declined to -8.7% in February from previous -3.2%
WTI trims gains as improving sentiment around US-Iran truce weighs
West Texas Intermediate (WTI) Crude Oil reverses course on Thursday, erasing earlier gains as a fresh wave of optimism sweeps through global markets, easing concerns over the durability of the US-Iran ceasefire.
Asia FX: Geopolitics and cautious positioning – MUFG
MUFG’s Senior Currency Analyst Michael Wan highlights that Asian currencies have held up alongside a weaker Dollar despite renewed tensions around the fragile two-week ceasefire in the Middle East.
Global manufacturing: PMI drop highlights bottlenecks – ABN AMRO
ABN AMRO's Senior Economist Arjen van Dijkhuizen highlights that global manufacturing PMI slipped from 51.8 in February to 51.3 in March, largely linked to the Iran conflict.
United States 30-Year Bond Auction: 4.876% vs 4.871%
United States 30-Year Bond Auction: 4.876% vs 4.871%
Dow Jones Industrial Average extends ceasefire rally as Netanyahu opens Lebanon talks
The Dow Jones Industrial Average (DJIA) climbed around 300 points on Thursday, or roughly 0.7%, extending a two-day rally that has seen the index recover sharply from its war-era lows.
AUD/USD extends gains as US-Iran ceasefire keeps Dollar under pressure
AUD/USD edges higher on Thursday, extending gains for a fourth straight day as hopes of de-escalation following the US–Iran ceasefire keep the US Dollar (USD) on the defensive, lending support to the Australian Dollar (AUD).
USD/JPY Price analysis: PCE inflation and resilient US data reinforce USD strength
The USD/JPY pair trades firm near the 158.90 handle on April 9, as today’s United States (US) data, particularly the Personal Consumption Expenditures (PCE) report, reinforced the “higher-for-longer” narrative around Federal Reserve (Fed) policy.
Canadian Dollar rebounds, but is the ceasefire rally already fading?
USD/CAD has shed nearly a full percent since the start of the week, sliding from the 1.3965 area to trade near the 1.3800 handle on Thursday.
GBP/USD tops 1.3400 as fragile truce keeps Sterling bid aloft
The GBP/USD pair advances past the 1.3400 figure on Thursday amid deteriorating risk appetite. The Middle East ceasefire seems fragile, as Israel strikes Lebanon amid the conflict with Hezbollah. At the time of writing, the pair trades at 1.3441, up 0.36%.
Israel signals direct talks with Lebanon on Hezbollah disarmament
Israeli Prime Minister Benjamin Netanyahu announced Thursday that he has ordered the start of direct negotiations with Lebanon "as soon as possible," with talks expected to center on disarming Hezbollah and establishing a formal peace between the two nations.
Gold range-bound as US-Iran ceasefire doubts keep markets cautious
Gold (XAU/USD) remains range-bound on Thursday as markets closely monitor developments surrounding the fragile ceasefire in the Middle East.