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Banks

USD/JPY: Convergence delayed but capped by intervention – HSBC
HSBC strategists highlight that the Japanese Yen (JPY) has been the weakest G10 currency month-to-date, with USD/JPY trading in an…
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Banks

EUR/USD: EU policy risks and weaker German sentiment – BNY
BNY’s Bob Savage highlights that China has criticized the European Union’s (EU) proposed Industrial Accelerator Act as discriminatory, warning of…
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Banks

USD: Conflict duration shapes performance – Societe Generale
Societe Generale’s Kit Juckes notes the US Dollar (USD) is currently soft as markets react to hopes of a Gulf…
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Metals

Steel Climbs Toward 8-Month High
Steel rebar futures rose above CNY 3,150 per ton, nearing their highest level since August last year, supported by strong…
Read More » UK Gilt Yields Near 2008 Highs as Oil Surge Fuels Inflation Fears
UK 10-year gilt yields climbed to 4.94%, approaching 2008 levels, as oil prices surged with the Strait of Hormuz effectively…
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Economics

Moody’s Upgrades China’s Credit Outlook to Stable
Moody’s Ratings revised on April 27, 2026, China’s sovereign credit rating outlook to ‘stable’ from ‘negative’ while affirming its ‘A1’…
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Economics

UK Retail Sales Plunge to Historic Low: CBI
The CBI’s monthly retail sales volume measure tumbled to –68 in April 2026, a 16-point drop and the lowest reading…
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Ethereum

Energy Security Demand Supports Coal Prices
Coal prices held around $130 per ton, below the 17-month high of $146.5 reached on March 20, but still up…
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Banks

Oil: Prices supported by US-Iran stalemate – ING
ING analysts Warren Patterson and Ewa Manthey note that Oil has rallied strongly as US-Iran peace talks stall and energy…
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