In focus today In the euro area, the ECB publishes the minutes from its March meeting today. Given recent comments from Governing Council members, the minutes are likely to reflect increasingly hawkish discussions around further Read more…
Markets Iran and the US turned the script around. This time, the US denied Iranian reports of a draft MoU which would restore Hormuz traffic flow within a month after coming into effect. US President Read more…
Key takeaways Gold (XAU/USD) has broken below its 200-day moving average for the first time in three months, increasing the risk of a fresh bearish impulsive decline within its broader medium-term downtrend. Rising US Treasury Read more…
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The “imminent Iran peace deal” narrative collapsed violently across markets today. Just days ago, traders were aggressively pricing a rapid diplomatic breakthrough that would fully reopen the Strait of Hormuz, crush oil prices, and ease Read more…
Key takeaways Global equities climbed to fresh record highs as the AI infrastructure supercycle continued to dominate market sentiment, with hyperscalers projected to spend up to $1 trillion on AI capex by 2027. Markets remain Read more…
Key Highlights Gold started a fresh decline below the $4,550 support. A major bearish trend line is forming with resistance at $4,525 on the 4-hour chart. WTI Crude Oil extended losses and traded below $95. Read more…
Federal Reserve Vice Chair Philip Jefferson said the current stance of US monetary policy remains appropriate despite ongoing upside risks to inflation tied to the Middle East conflict and energy disruptions. Speaking at the Bank Read more…
Federal Reserve Governor Lisa Cook warned that inflation risks are increasingly tilted to the upside, even though she currently favors keeping interest rates unchanged. Speaking at a policy forum at Stanford University, Cook said the Read more…
Federal Reserve Bank of Minneapolis President Neel Kashkari warned that inflation remains the Fed’s primary concern despite growing uncertainty surrounding the global economy and Middle East conflict. Speaking at the Bank of Japan-IMES Conference in Read more…