Trump thanks Iran for opening the Strait
Trump posts on Truth Social:IRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE. ...
Iran foreign minister: The Strait of Hormuz is completely open
This is the headline we’ve been looking for for seven weeks.On twitter, Araghchi writes:In line with the ceasef ...
US considers $20 billion cash-for-uranium deal – report
Axios reports that the US and Iran are negotiating over a three-page plan to end the war.It details:One element under ...
BoE’s Pill challenges “wait-and-see” status quo, urges proactive inflation defense
It is vital to be careful about over-responding to high-frequency data, which contrasts with the perspective of finan ...
Canada March housing starts 235.9K vs 255.0K expected
Prior was 250.9KSingle-detached homes- 4% m/mMultiple starts -3% m/mSeasonally adjusted starts -3%“March housing star ...
investingLive European markets wrap: Oil drops as steady optimism continues to flow
Headlines:Oil prices remain under pressure amid US-Iran deal optimism. What’s next?Markets keep with the more o ...
Markets keep with the more optimistic view in the final stretch of the week
It’s been that kind of week in European trading, where markets are left in a bit of a bind but keeping the stea ...
Silver outperforms gold amid positive drivers but new record highs will need Fed support
FUNDAMENTAL
OVERVIEWSilver has been outperforming
gold recently amid tailwinds like lower real yields, looser ...
BoE’s Breeden: Iran war raises risk that vulnerabilities could crystallise
Full speech hereIn her speech, Sarah Breeden, the Bank of England’s Deputy Governor for Financial Stability, assesses ...
Euro area trade balance moves back to surplus in February just before US-Iran conflict
Trade balance in the euro area already recorded a deficit of €1.0 billion (revised) in January, but at least returned ...
Oil prices remain under pressure amid US-Iran deal optimism. What’s next?
FUNDAMENTAL
OVERVIEWOil prices have been
pulling back since Monday as the positive US-Iran deal expectations ...
How have interest rate expectations changed after this week’s events?
Rate cuts by year-endFed: 10 bps (99% probability of no change at the next meeting)Rate hikes by year-endRBNZ: 75 bps ...