United States API Weekly Crude Oil Stock fell from previous 10.263M to 3.719M in April 3
United States API Weekly Crude Oil Stock fell from previous 10.263M to 3.719M in April 3
Philippines: Inflation forecast lifted as BSP seen on hold – UOB
UOB economists Julia Goh and Loke Siew Ting report that Philippine headline inflation jumped above the BSP target in March, driven by higher transport, electricity and food costs and a weaker Philippine Peso (PHP).
USD/SGD: Bearish momentum builds into MAS decision – OCBC
OCBC strategists Christopher Wong and Sim Moh Siong highlight that USD/SGD has softened as markets weigh de-escalation hopes, with technical signals pointing to fading bullish momentum and a potential bearish phase. They flags key support and resistance levels around 1.2810–1.2780 and 1.29–1.2940.
USD/CHF Price Analysis: US Dollar faces stiff resistance, retreats below 0.8000
USD/CHF trims some of its earlier gains on Tuesday as the market mood improved on a Reuters headline that a senior Iranian official said Tehran is reviewing positively Pakistan’s two-week ceasefire proposal, which pushed US equities higher.
Silver Price Analysis: A bearish crossover looms, sellers eye $70
Silver (XAG/USD) price extended its losses on Tuesday as the white metal failed to clear the $75.00 milestone, while the 20-day SMA crossed below the 100-day SMA, an indication that sellers are gaining traction. At the time of writing, the XAG/USD pair trades at $72.24, down 0.69%.
Gold climbs toward $4,680 as weaker Dollar offsets war anxiety
Gold price (XAU/USD) advances some 0.63% on Tuesday as Oil prices retreat from daily highs amid speculation of broken talks between the US and Iran, which Iranian media denied.
Vietnam: Strong growth but inflation challenges SBV – Commerzbank
Commerzbank strategists Dr. Henry Hao and Moses Lim note that Vietnam’s Q1 GDP grew 7.8% year-on-year, slightly above expectations but below the government’s 10% 2026 target. Exports and imports surged, reflecting robust external demand and precautionary inventory building.
United States Consumer Credit Change below expectations ($10B) in February: Actual ($9.48B)
United States Consumer Credit Change below expectations ($10B) in February: Actual ($9.48B)
Forex Today: US Dollar holds firm, Oil surges as Iran deadline keeps markets on edge
The US Dollar Index (DXY) held near 99.80, not far from last week’s 100 peak, broadly supported as markets remain locked on the Iran conflict and, in particular, on United States (US) President Donald Trump’s deadline for 8:00pm EST tied to the Strait of Hormuz.
Energy: Price shock drives building material costs – ING
ING’s Maurice van Sante argues that higher Oil and Gas prices, driven by conflict in the Middle East, are set to raise costs in the European building materials sector.
AUD/USD Price Forecast: Bulls test 0.6950 resistance after rebound from 100-day SMA
The Australian Dollar (AUD) strengthens against the US Dollar (USD) on Tuesday as the Greenback softens amid fragile market sentiment ahead of a deadline set by US President Donald Trump for Iran to reach a deal or reopen the Strait of Hormuz by 8:00 p.m. Eastern Time (00:00 GMT on Wednesday).
Fed’s Goolsbee: Inflation would come roaring back
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that inflation will come roaring back, citing that with Oil prices rising, this is a stagflationary shock to the market in a prepared speech in Detroit on Tuesday.