Author: FX
There was a report from Iranian media two days ago that a ceasefire was hours away and that turned out to be not true. Note that this one is from Haaretz, which is a daily Israeli newspaper. It says that the Israeli army is preparing to halt combat operations between 7 pm and midnight local time. It’s currently 4:30 pm in Tel Aviv.This is obviously good news for peace negotiations in Iran and the region.Pete Hegseth had some tough talk today but the political signs continue to point towards some kind of deal. However the risk-reward here isn’t great as…
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the recovery narrative is overshadowing the International Monetary Fund’s (IMF) weaker growth outlook, with global equities at record highs and the US Dollar (USD) retracing losses. Haddad does not expect the US Dollar Index (DXY) to break its established 96.00–100.00 range in coming months, as rate differentials and still-strong foreign demand for US long-term securities underpin USD near term.Range-bound Dollar with structural headwinds”Markets continue to look beyond the IMF’s gloomier growth forecast and trading the recovery narrative. We agree.””We don’t expect USD to make new cyclical lows in the next few months.…
Abbott cuts earnings outlook to reflect Exact Sciences buyout Source link
Prior +1.9%Core CPI +2.3% vs +2.3% y/y prelimPrior +2.4%More to come.. This article was written by Justin Low at investinglive.com. Source link
Deutsche Bank strategists highlight that the S&P 500 has rebounded sharply from its March 30 eight‑month low, rallying over 10% to close above 7,000 at fresh record highs. They frame this as a high‑beta version of the usual geopolitical playbook, with the decline slightly worse and longer than average, but the recovery faster. US equities are also being supported by strong technology and consumer cyclicals and positive bank earnings.US benchmark extends post-shock rebound”Just as I went on holiday, on March 30th the S&P 500 closed at 6343.7 and at an 8-month low. Fast forward 11 business days and we closed…
The MTF Trend Indicator MT5 tackles this exact issue. By displaying trend direction across multiple timeframes simultaneously on one chart, it gives traders the context they need to align their trades with the dominant market direction. No more switching between charts or missing critical trend information from higher timeframes. What Is the MTF Trend Indicator? The MTF Trend Indicator MT5 is a technical analysis tool that shows trend direction from multiple timeframes within a single chart window. Unlike standard indicators that only analyze the current timeframe you’re viewing, this multi-timeframe approach displays whether the trend is bullish, bearish, or neutral…
GBP/USD’s climb looks strong on the surface, but upcoming U.K. GDP data could put the rally at risk. At the same time, the U.S. dollar is under broad pressure from a geopolitical backdrop that could flip quickly. Source link
Australia added jobs and held unemployment steady in March, sending the Australian dollar higher as RBA hike odds stayed elevated. Source link
The U.S.-Iran truce was supposed to be gold’s exit cue. Instead, the metal pushed higher and quietly refused to leave. Source link
Summary:FT reports Israel–Lebanon ceasefire expected soon; Trump adds upbeat tone. Reports Iran used Chinese satellite for US base surveillance, raising geopolitical risks. Oil traded subdued despite ongoing supply disruption concerns. Japan signals heightened FX vigilance; yen edges higher on the session. ECB’s Schnabel reinforces “wait-and-see” stance on Iran shock. Australia jobs steady; China data mixed with strong GDP but weak consumption. US defence production push highlights prolonged conflict dynamics. A more constructive tone crept into markets through the session, with geopolitical headlines offering cautious optimism even as underlying risks remain elevated.The Financial Times reported that a ceasefire between Israel and…