War risks reshape growth outlook – Rabobank
Rabobank strategists assess how the US and Israel’s war against Iran could affect China. They note higher Oil and gas prices and global cost-push inflation, but argues China’s inflation is unlikely to force PBOC tightening. However, Rabobank cuts China’s 2026 Gross Domestic Product (GDP) forecast to 4.5%, with higher inflation and unemployment expected. War-driven shocks […]
Growth momentum seen easing – Standard Chartered
Standard Chartered’s Aldian Taloputra notes Indonesia’s GDP growth accelerated to 5.6% year-on-year in Q1 2026, driven by front-loaded fiscal stimulus, seasonal festival spending and limited pass-through from higher Oil prices. The bank expects growth to ease as these one-off supports fade, keeps its 2026 GDP forecast at 5.2%, and now projects a wider 2026 fiscal […]
War shock weighs on growth outlook – Nomura
Nomura’s analysts see the Iran war keeping UK inflation above target until mid-2027 and weakening the 2026 growth outlook beyond Q1. UK GDP growth slowed to 0.1% q-o-q in both Q3 and Q4 2025. They also flag early local election results showing strong support for Reform and a challenging picture for Labour. Inflation persistence and […]
USD/CAD climbs after Canada jobs data surprises to the downside.
USD/CAD edges higher on Friday as softer-than-expected Canadian employment data weighs on the Canadian Dollar (CAD), even as the US Dollar (USD) remains on the back foot following mixed US labor market data and hopes for a US-Iran deal to end the war. At the time of writing, the pair is trading around 1.3694 after […]
WTI retreats as Trump downplays Hormuz strikes, jobs data eyed
West Texas Intermediate (WTI) US Oil declines to around $92.00 on Friday at the time of writing, down 2.76% on the day, as markets reduce the geopolitical risk premium in the Middle East. The pullback in Oil prices comes despite renewed military tensions between the United States (US) and Iran, with investors currently favoring the […]
Geopolitics keep prices elevated – Deutsche Bank
Deutsche Bank strategists note Brent Oil has rebounded above $100/bbl as markets reassess risks around the US-Iran ceasefire. Brent briefly dipped to $96/bbl but closed just over $100/bbl and is quoted near $101.64/bbl early Friday. They stress that despite higher prices, markets are still not pricing a worst-case scenario. Oil reacts to Iran conflict headlines […]
NFP expected to rise by 62K in April amid firmer wage growth
The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for April on Friday at 12:30 GMT. Investors will scrutinize the underlying details of the employment report to assess whether the Federal Reserve (Fed) is likely to consider an interest-rate cut later in the year. What to expect from […]
US Dollar Index slips to near 98.00 as renewed US-Iran tensions de-escalate
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous day and trading around 98.20 during the Asian hours on Friday. The Greenback softens amid improving market sentiment driven by the de-escalation of renewed tensions in the […]
EUR/USD edges higher above 1.1700 on US-Iran peace optimism, US NFP data looms
The EUR/USD pair posts modest gains around 1.1730 during the early Asian session on Monday, supported by growing optimism surrounding a potential US-Iran peace deal. Markets might turn cautious later in the day ahead of the highly-anticipated US Nonfarm Payrolls (NFP) report for April. The US President Donald Trump administration has been waiting for Iran […]
Overbought conditions and support levels – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong describe USD/IDR as easing from overbought territory as hopes of a US–Iran deal support sentiment. Bank Indonesia’s (BI) tighter rules on cash FX purchases and comments that the Rupiah (IDR) is undervalued back stabilization efforts. They note intact bullish momentum but early RSI rollover, with support at […]
