FUNDAMENTAL OVERVIEWUSD:The US dollar extended the losses on Friday following a barrage of positive news on the US-Iran front that seemed to point to an imminen...
US proposals have been 'unserious', and its demands 'unrealistic'Tehran has clearly stated its demands and will not change themWe do not believe in deadlines or...
The highlight for Monday will be Canada's CPI release. This will be followed by New Zealand's inflation data on Tuesday, which will be a busy day. The U.K. will...
Differences over nuclear programme remain unresolvedThe gaps have not narrowedContinuation of US blockade on the Strait of Hormuz undermines efforts for peace t...
FUNDAMENTAL OVERVIEWOil prices plunged on Friday following a barrage of positive news. It all started with an Axios report saying that under a compromise propos...
It is reported that Pakistan has intensified its diplomatic contacts since Sunday so as to try and get the US and Iran to sit down for talks "as soon as Tuesday...
The March data shows:Producer prices (monthly) +2.5% m/mProducer prices (annual) -0.2% y/yThat isn't a surprise with the jump being largely from a sharp increas...
EUROPEAN SESSIONIn the European session, we don't have anything on the agenda. The focus remains on US-Iran headlines with the latest tensions weighing on risk ...
There are just a few to take note of on the day, as highlighted in bold below.The first being for EUR/USD at the 1.1750 level. The expiries hold close by to the...
It's going to be another messy week, innit? Hopes for peace talks did not last long as Iran refused any concessions with the US continuing to maintain its milit...
Progress seen but core issues divide US and IranIndia and South Korea target $50bn trade as both seek deeper economic tiesCarney says Canada must reduce US reli...