Wall Street Journal: Trump Tells Aides to Prepare for Extended Blockade of Iran
Trump has chosen an extended Iran blockade over bombing or diplomacy, betting economic pressure will force nuclear co ...
Yuan – Chinese firms locking in exchange rates ahead of record $70bn dividend season
Analysts warn the yuan faces earlier-than-usual seasonal weakness as Chinese firms hedge nearly $70bln in dividends, ...
PBOC is expected to set the USD/CNY reference rate at 6.8347 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
Bessent warns Kharg Island nearing capacity as US tightens Iran oil squeeze
US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran around $170mn per day in lo ...
UAE exit from OPEC raises fears Kazakhstan and Iraq could be next to leave
Dow Jones/Market Watch cite analysts who say Kazakhstan and possibly Iraq could follow the UAE out of OPEC, though Ba ...
NIESR cuts UK growth forecast, warns Iran war will keep inflation above target until 2028
NIESR cuts UK 2026 GDP forecast to 0.9% from 1.4%, sees inflation peaking above 4% in 2027 and warns of recession ris ...
Chile holds rates but Iran war oil risk echoes across global central banks
The decision itself is unlikely to move markets, with the hold unanimous and widely expected. The significance lies i ...
“The Bank of Japan can’t save the yen”
That headline, “BoJ can’t save the yen”, is a cracker from ING, straight to the point. ING warns th ...
Australia inflation forecasts point to RBA rate rise as Iran war fuels price pressures
CBA sees Australian March CPI at 4.6%yr, trimmed mean at 3.5%yr, and calls for a 25bp RBA hike in May. Westpac warns ...
Private survey inventory shows a huge headline crude oil draw vs. build expected
Via oiprice.com:Expectations I had seen:headline crude oil +0.3mn barrelsdistillates –2.3mn bblsgasolina -2.1mn ...
Canada trims growth forecasts, posts smaller-than-expected deficit in spring statement
Canada’s 2025/26 deficit came in at C$66.9bln, below the C$78.3bln Nov forecast. GDP growth trimmed to 1.1% for ...
investingLive Americas market news: UAE leaves OPEC, Trump says Iran wants to open Strait
US intel agencies are studying how Iran would react to the US declaring victoryUAE quits OPEC and OPEC+US April consu ...