https://www.gurutrade.com/news/finance/rss/ Be aware of the world's largest banks policy changes and the exchange rate changes with GuruTrade. Sun, 03 May 2026 05:12:13 +0300 50 en https://www.gurutrade.com/news/sterling-steady-at-10-week-high-in-quiet-end-to-busy-week-1777655886.html LONDON, May 1 Reuters TheMR pound held near a 10week high against the dollar on Friday as traders digested a week of central bank meetings in which the Bank of England kept interest rates steady and warned of inflation risks stemming from the Iran war. Sterling was little changed at 1.3606 and a touch softer against the euro at 86.32 pence, after jumping sharply against both on Thursday. ING analysts said the previous session39;s unusual rally may have been a function of monthend flows, where equity portfolio managers were rebalancing into UK asset markets after their underperformance in April. Fund managers typically target fixed allocations across regions and periodically buy or sell assets to restore those weightings after market moves. Liquidity on Friday was thin due to holidays across much of Europe, while the bigger mediumterm focus for the pound was Thursday39;s BoE meeting. The bank outlined a wide range of possible economic impacts from the Iran war, from scenarios that might require forceful rate rises to others that may warrant no increase at all. Governor Andrew Bailey said policymakers faced a difficult judgement call over coming months, warning that waiting for clear evidence of inflationary pressures could leave the BoE acting too late. He said he did not want to push back against market expectations for at least two rate rises this year and described policy as being on an active hold. Markets see a June rate hike as roughly a coin toss and price... https://www.gurutrade.com/news/sterling-steady-at-10-week-high-in-quiet-end-to-busy-week-1777655886.html Fri, 01 May 2026 01:50:43 +0300 https://www.gurutrade.com/news/japan-traders-see-record-profits-utilities-forecast-pain-as-iran-war-weighs-1777666093.html Marubeni, Itochu and Sumitomo forecast record annual profits Mitsui and Mitsubishi too expect higher fullyear profits Japan relies on the Middle East for the bulk of its oil supplies Domestic utilities warn of profit hit as procurement costs increase TOKYO, May 1 Reuters Some big Japanese trading houses forecast on Friday record annual profits as the U.S.Israeli war on Iran keeps commodity prices high, while Japanese utilities warned of weaker earnings as fuel procurement costs spike. Japan, one of the world39;s most vulnerable countries to energy import disruptions, has intensified diplomatic efforts and pledged billions of yen in support from subsidies to currency intervention  to cushion the economic shock from the war and the closure of the Strait of Hormuz. Trading house Marubeni39;s Chief Executive Masayuki Omoto said the Middle East crisis presents more upside than downside risks to earnings thanks to higher commodity prices. The company forecast a net profit of 580 billion yen 3.7 billion for the current fiscal year, up 7 yearonyear and marking a second consecutive record. Our forecast is based on oil price assumptions prior to the war, and if current market conditions persist, there is potential upside of 3040 billion yen for the year, Omoto told reporters. Itochu and Sumitomo also forecast record profits, with earnings projected to rise 6 to 950 billion yen and 5 to 630 billion yen, respectively. Itochu would post a third straight record year, while... https://www.gurutrade.com/news/japan-traders-see-record-profits-utilities-forecast-pain-as-iran-war-weighs-1777666093.html Fri, 01 May 2026 01:30:27 +0300 https://www.gurutrade.com/news/gold-heads-for-weekly-loss-on-oil-driven-inflation-concerns-1777624829.html Trading thin amid holidays in China, India Iran says it would retaliate with strikes on US positions Annual US inflation posts biggest gain in about 3 years in March Brokerages price out Fed rate cut expectations for the year May 1 Reuters Gold prices fell in thin trading on Friday, and were set for a weekly decline, pressured by higher oil prices that have stoked inflation fears and lifted expectations that interest rates will stay higher for longer a headwind for nonyielding assets. Spot gold was down 0.6 to 4,592.99 per ounce at 0655 GMT, and was on track for a weekly loss of about 2.4, after dropping to a onemonth low on Wednesday. U.S. gold futures for June delivery dipped 0.5 to 4,604.50. Trading volumes were light as financial markets in top gold consumers China and India were closed for public holidays. What we39;re seeing now is essentially the dominant war trade narrative, once again reasserting itself after a day39;s correction, said Ilya Spivak, head of global macro at Tastylive, noting that gold is back down, and oil back up. Geopolitical tensions remained in focus after Iran said on Thursday it would respond with long and painful strikes on U.S. positions if Washington renewed attacks, reiterating its claim to the Strait of Hormuz. Brent crude prices held above 110 a barrel as efforts to resolve the conflict stalled. U.S. inflation accelerated in March as the war raised gasoline prices, reinforcing expectations that the Federal Reserve could... https://www.gurutrade.com/news/gold-heads-for-weekly-loss-on-oil-driven-inflation-concerns-1777624829.html Fri, 01 May 2026 10:30:17 +0300 https://www.gurutrade.com/news/yen-steadies-after-japan-intervention-traders-eye-more-1777622632.html Yen set for biggest weekly gain in over 2 months after Japan39;s intervention Analysts question intervention39;s longterm impact, citing persistent weak fundamentals ECB and BOJ hold rates but signal possible hikes in June to address energy inflation TOKYO, May 1 Reuters The yen trimmed gains against the dollar on Friday, but was still poised for its strongest weekly rally in more than two months after Japanese authorities stepped into the markets to haul the currency back from near twoyear lows. Investors remained on high alert for further action from Japan39;s Ministry of Finance MOF, with May 1 holidays thinning markets around Asia. A Japanese official hinted that further intervention could come as the nation heads into its Golden Week holidays next week. The difficulty is they are sort of fighting against some underlying fundamentals there, Ken Crompton, the head of rates strategy at National Australia Bank, said about Japan39;s intervention efforts. The weak yen is probably there for a reason and how successful the MOF will be in fighting against the tide on a sustained basis is sort of hard to see at the moment, he added. The yen weakened 0.39 to 157.21 per dollar, but Thursday39;s surge put the Japanese currency on course for a 1.35 jump this week, the most since midFebruary. The dollar index , which measures the greenback against a basket of currencies, rose 0.05 to 98.20, while the euro edged 0.04 lower to 1.1725. Japan39;s top currency diplomat... https://www.gurutrade.com/news/yen-steadies-after-japan-intervention-traders-eye-more-1777622632.html Fri, 01 May 2026 10:20:43 +0300 https://www.gurutrade.com/news/japanese-yen-jumps-against-dollar-hours-after-intervention-1777620799.html LONDON, May 1 Reuters The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency. The dollar fell by as much as 0.66 to a session low of 155.60 from 157.12 earlier. The yen rose by as much as 3 on Thursday after an apparent steady stream of official buying pushed the dollar to a low of 155.5 yen from around 158.3 over the course of about an hour, which Reuters and others reported was intervention by Japanese officials. It was not clear what was behind Friday39;s move, but analysts said after Thursday the market would be on edge for any sudden moves in the currency. Japan39;s top currency diplomat Atsushi Mimura said earlier on Friday that speculation remained rife, a blunt warning that officials were ready to step back into markets after intervening just hours earlier to support the yen, which has lost 5 in the last three months alone. The Ministry of Finance was not immediately available for comment. Liquidity is thin and people are nervous after yesterday so there is a susceptibility to volatility in the dollaryen, said Jeremy Stretch, head of G10 FX strategy, CIBC Capital Markets. Every time we see a substantial move in the yen there will be questioning about what is driving this given the warnings we have had. The wide gap between U.S. and Japanese interest rates, together with an expected drop in trading volumes ahead of a holiday stretch have made officials... https://www.gurutrade.com/news/japanese-yen-jumps-against-dollar-hours-after-intervention-1777620799.html Fri, 01 May 2026 10:10:26 +0300 https://www.gurutrade.com/news/pound-edges-up-as-markets-await-boe-signals-on-rate-outlook-1777553293.html April 30 Reuters The pound gained versus a weaker dollar as the Bank of England left rates unchanged and maintained a cautious, waitandsee approach to the fallout from the Middle East conflict. The BoE set out scenarios for the economic impact of the Iran war, one of which could require a forceful increase in borrowing costs. The pound was last 0.2 higher against the dollar at 1.3503, and roughly unchanged against the euro at 86.63 pence. Sterling dropped sharply versus the yen, which rose more than 2 against the dollar after an intervention warning by the Bank of Japan to support the Japanese currency. Sterling was last down 2.1 versus the yen at 211.51. The Monetary Policy Committee39;s nine members voted 81 to keep the BoE39;s benchmark Bank Rate at 3.75, with only Chief Economist Huw Pill seeking a hike to 4.0 now, in line with expectations in a Reuters poll of economists. Some analysts flagged that a 90 outcome would have been a dovish surprise. A period of watchful waiting is underway at the Bank of England as the MPC continues to grapple with the impact of the Iran conflict on the UK economy, said Jessica Hinds, director in Fitch Ratings Economics team. All in all, the BoE continues to strike a balancing act between tackling inflation persistence and supporting growth and the labour market, especially as wage growth is slowing, she added. Faced with deep uncertainty about the duration of the war and the extent of the economic damage it will cause, the BoE... https://www.gurutrade.com/news/pound-edges-up-as-markets-await-boe-signals-on-rate-outlook-1777553293.html Thu, 30 Apr 2026 03:50:37 +0300 https://www.gurutrade.com/news/em-stocks-fx-fall-on-iran-war-risks-but-eye-monthly-gains-1777555171.html MSCI EM stocks set for biggest monthly jump since 2022 Renewed USIran tensions push Brent oil to fouryear high Hungary39;s forint set for sharpest monthly rise in 14 years April 30 Reuters Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7, while investors assessed the impact of a hawkish stance by the U.S. Federal Reserve. Trump is slated to receive a briefing on plans for a series of fresh military strikes on Iran in hopes it will return to negotiations, according to an Axios report late on Wednesday, sending Brent crude prices to a fresh fouryear high. Since its outset, the Iran war has battered global markets and raised concerns about inflation, as shipping disruptions in the crucial region have kept oil prices elevated. MSCI39;s indexes tracking global EM currencies and stocks dipped 0.2 and 1.2 respectively, but were set for robust monthly gains. The stocks gauge is set for its biggest monthly jump since November 2022, as risk appetite improved this month after the U.S. and Iran announced a temporary ceasefire, which was later extended even as negotiations stalled. With no sign of any peace talks and fears mounting about an escalation, oil prices have continued their gains of recent days... investors are pricing in a more protracted conflict, said analysts at Deutsche Bank. Most stock indexes were lower on the day, including Asian ones that have seen robust gains... https://www.gurutrade.com/news/em-stocks-fx-fall-on-iran-war-risks-but-eye-monthly-gains-1777555171.html Thu, 30 Apr 2026 03:20:36 +0300 https://www.gurutrade.com/news/gold-up-from-1-month-low-on-weak-dollar-iran-tensions-1777546307.html Trump to be briefed on military options against Iran, says report Fed leaves rate steady on inflation concerns Personal Consumption Expenditures PCE data due at 1230 GMT   April 30 Reuters Gold prices jumped on Thursday as the dollar eased and oil prices ticked lower, with some analysts also pointing to an uptick in safehaven demand on growing tensions that the U.S.Iran war could escalate. Spot gold climbed 1.9 to 4,630.03 per ounce, as of 1017 GMT, after falling to its lowest since March 31 in the last session. Bullion was down about 0.9 so far this month.   U.S. gold futures for June delivery rose 1.8 to 4,642.90. The dollar eased 0.3, making greenbackpriced bullion more affordable for holders of other currencies. Certainly some sense of uncertainty in the Middle East is fueling something of a recovery in gold. From the strength of the recovery at the moment, there was also some suggestion that the price seems to have found for now a temporary floor, said independent analyst Ross Norman. U.S. President Donald Trump is slated to receive a briefing on Thursday on plans for a series of military strikes on Iran, according to an Axios report. Brent prices hit fouryear highs on concerns of escalation, before reversing course to turn negative.   Gold has so far fallen about 12 since the conflict began. Although the metal is viewed as a safehaven during times of uncertainty, rising energy prices have stoked fears of inflation and the prospect of higher interest... https://www.gurutrade.com/news/gold-up-from-1-month-low-on-weak-dollar-iran-tensions-1777546307.html Thu, 30 Apr 2026 01:40:21 +0300 https://www.gurutrade.com/news/ftse-100-up-as-rolls-royce-glencore-gain-ahead-of-boe-call-1777555580.html April 30 Reuters London39;s FTSE 100 index rose on Thursday, with upbeat results from RollsRoyce and Glencore aiding the sentiment ahead of a Bank of England rate decision. The bluechip FTSE 100 rose 0.9 to 10,307.19 points by 0942 GMT, while the midcap FTSE 250 edged 0.4 higher. Engineering firms were mixed as RollsRoyce climbed nearly 6.8 after reiterating its profit outlook, offering the biggest boost to the benchmark index, while Weir Group slid 7.5 after reporting a fall in firstquarter orders. Glencore shares added 2 after reporting a 19 rise in its firstquarter copper production. Global oil prices jumped to a fouryear high of more than 122 a barrel on concerns that the U.S.Iran war could worsen and lead to a protracted Middle East oil supply disruption. Rising crude prices stoked inflation worries, bolstering gold prices , which in turn lifted shares of heavyweights Endeavour Mining and Hochschild by 6.2 and 5.1, respectively. The FTSE 100 is up only 1.3 this month, far below European and U.S. benchmarks, as markets view Britain as highly vulnerable to the jump in energy prices due to the country39;s heavy use of natural gas. Political concerns have also weighed with the scandal around Prime Minister Keir Starmer appointing Peter Mandelson, who was linked to the late convicted U.S. sex offender Jeffrey Epstein, as ambassador to the U.S., showing little sign of abating. The BoE is expected to keep rates unchanged at 1100 GMT with... https://www.gurutrade.com/news/ftse-100-up-as-rolls-royce-glencore-gain-ahead-of-boe-call-1777555580.html Thu, 30 Apr 2026 01:30:03 +0300 https://www.gurutrade.com/news/asia-bonds-shrug-off-war-fears-with-record-issuance-1777538705.html HKD bond sales hit alltime high; SGD highest since 2014 MTR39;s green bond drew orders nearly 4x the deal size New buyers from London, HK insurers snapping up SGD bonds SYDNEYSINGAPORE, April 30 Reuters The Middle East war has not slowed Asia39;s local currency bond markets, with Hong Kong and Australian dollar issuance hitting record highs so far in 2026 as investors and companies look to accelerate a shift away from U.S. dollar debt deals. Hong Kong dollar bond proceeds this year climbed nearly 17 to 14.8 billion, according to LSEG data, the strongest ever start to the year. Australian dollar bonds year to date reached A143 billion, up almost 30, and also a record, according to Dealogic. In comparison, Singapore dollar bond issuance rose 3.7 to 5.56 billion year to date, the most in 12 years. The renewed interest in local currencies such as the Singapore dollar, CNH offshore yuan and Australian dollar is becoming more pronounced because of the interest now in diversifying slightly away from pure dollar dependency, said Clifford Lee, global head of investment banking at DBS. Another factor is the expectation that local currencies will stay strong and remain firm. Record issuance in some of Asias local currency bond markets despite geopolitical strain reflects sustained demand for regional assets and a gradual shift by investors away from U.S. dollars. Dollar bonds still dominate the Asian debt market, with issuance yeartodate up 2.5 to 132.6 billion,... https://www.gurutrade.com/news/asia-bonds-shrug-off-war-fears-with-record-issuance-1777538705.html Thu, 30 Apr 2026 10:20:31 +0300 https://www.gurutrade.com/news/gold-extends-slide-as-inflation-fears-fed-meeting-eye-1777471422.html Trump urges Iran to sign a deal Fed likely to hold rates steady Total gold demand up 2 yy in Q1, WGC says April 29 Reuters Gold prices fell for a third straight session on Wednesday, as inflation worries tied to the ongoing conflict in the Middle East clouded the outlook for monetary policy, while the spotlight was also on the U.S. Federal Reserve39;s rate decision later in the day. Spot gold was down 1.1 at 4,543.57 per ounce, as of 855 a.m. EDT 1255 GMT, a onemonth low. U.S. gold futures fell 1.1 to 4,555.70. We are seeing some positioning ahead of this afternoon39;s FOMC decision. Rising U.S. Treasury yields and higher crude oil prices, which is causing inflation worries, have also been bearish for the gold market, said Jim Wyckoff, senior analyst at Kitco Metals. Gold is known as an inflation hedge, but the nonyielding metal39;s appeal dims if central banks raise interest rates. U.S. President Donald Trump urged Iran to 39;get smart soon39; and sign a deal, following days of deadlock in efforts to end the conflict in the Middle East and a media report that the U.S. would extend its blockade of Iran39;s ports. The war has sent oil prices soaring, with Brent hitting a onemonth high as concerns about supply disruptions persisted, while U.S. Treasury yields ticked higher. The Federal Reserves policy decision is due at 2 p.m. EDT 1800 GMT, with expectations that rates will be held steady. Fed Chair Jerome Powell is scheduled to hold a press conference half an... https://www.gurutrade.com/news/gold-extends-slide-as-inflation-fears-fed-meeting-eye-1777471422.html Wed, 29 Apr 2026 04:20:38 +0300 https://www.gurutrade.com/news/london-stocks-slip-as-investors-parse-earnings-mixed-bag-1777468929.html April 29 Reuters UK shares drifted lower on Wednesday as traders digested mixed earnings, before turning their attention to global central bank policy decisions, including the Bank of England. The bluechip FTSE 100 index dipped 0.7 by 0950 GMT, slipping for the seventh time in eight sessions. The midcap FTSE 250 eased 0.1. AstraZeneca and GSK fell 1.4 and 2.1, respectively, after both drugmakers stuck to their fullyear forecasts despite posting betterthanexpected quarterly profit. Lloyds Banking Group dipped 1.4 despite reporting a betterthanexpected rise in firstquarter profit. Earnings season is in full swing with investors cautious of any impact stemming from the Iran war. Efforts to end the Iran war were at an impasse with U.S. President Donald Trump unhappy with the latest proposal from Tehran as he wants nuclear issues dealt with from the outset. The war stalemate gives way to a Federal Reserve meeting later on Wednesday, followed by results from megacaps Alphabet, Microsoft, Meta and Amazon, which could set the tone for markets. With geopolitical uncertainty still high, the BoE is set to keep interest rates unchanged on Thursday. Tentative hopes of a resolution to the U.S.Iran war have helped steady the FTSE 100, putting it on track for a marginal April gain after the conflict drove its worst monthly slump in six years. Among other moves, DCC surged 16 after the sales and marketing services provider said it was reviewing a... https://www.gurutrade.com/news/london-stocks-slip-as-investors-parse-earnings-mixed-bag-1777468929.html Wed, 29 Apr 2026 01:50:25 +0300 https://www.gurutrade.com/news/rupee-hits-record-closing-low-on-oil-surge-stock-outflows-1777468414.html MUMBAI, April 29 Reuters The Indian rupee fell to a record closing low on Wednesday, pressured by rising oil prices as efforts to end the Iran conflict remained stalled, while persistent foreign selling of Indian assets added to the strain. The rupee closed at 94.8450 per dollar, down 0.3 on the day. The currency has drifted back toward record lows as the impact of central banks39; rupee supportive measures faded, with concerns over India39;s exposure to higher energy prices weighing on sentiment. Dollar sales by staterun banks, likely on behalf of the RBI, helped limit losses, traders said. Brent crude rose more than 3 to nearly 115 per barrel, weighing on other oilsensitive Asian currencies such as the Philippine peso and Indonesian rupiah, both of which hit record lows on Wednesday. U.S. President Donald Trump has instructed aides to prepare for an extended blockade of Iran, the Wall Street Journal reported late on Tuesday, citing U.S. officials. Analysts and traders expect the rupee to remain under strain as long as oil prices remain elevated but a fall below 95 could draw sterner interventions by the Reserve Bank of India. Around these levels last month the RBI had stepped in heavily with both dollar sales and regulatory measures, at least one of those could be used again, a trader at a staterun bank said. Global markets, meanwhile, are also awaiting the U.S. Federal Reserve39;s policy decision. No change in benchmark rates is expected but investors will... https://www.gurutrade.com/news/rupee-hits-record-closing-low-on-oil-surge-stock-outflows-1777468414.html Wed, 29 Apr 2026 01:30:58 +0300 https://www.gurutrade.com/news/european-markets-fall-as-earnings-iran-conflict-in-focus-1777457377.html April 29 Reuters European shares dipped on Wednesday, as investors turned their focus to a packed day of corporate earnings, while a continuing U.S.Iran impasse also kept risk sentiment in check. The panEuropean STOXX 600 was down 0.3 at 605.02 points, as of 0829 GMT. Most major regional bourses were also lower, with Spain39;s IBEX 35 and London39;s FTSE 100 dropping 0.9 and 0.5, respectively. European equities remain almost 5 below prewar levels, lagging U.S. peers and global markets, which have rebounded, partly driven by gains in artificial intelligence and technology stocks. Europe is perceived as one of the largest financial markets victims of the war in Iran. As oil prices stay high, economic damage to Europe is likely to be bigger than in other countries, said Marija Veitmane, head of equity research at State Street. European companies are reporting okay numbers and some of them are ahead of expectations, but the market is not really rewarding them for that due to the underlying macro headwinds. U.S. President Donald Trump said he was unhappy with Tehran39;s latest proposal to end the war, with the Wall Street Journal reporting that the president had instructed aides to prepare for an extended blockade of Iran39;s ports. Oil prices extended their rally, rising 1. The energy index added 0.8. GSK posted betterthanexpected quarterly profit and sales, but shares fell 1.7. AstraZeneca was down 1 despite strong quarterly results. Both weighed on the healthcare... https://www.gurutrade.com/news/european-markets-fall-as-earnings-iran-conflict-in-focus-1777457377.html Wed, 29 Apr 2026 11:50:40 +0300 https://www.gurutrade.com/news/foreign-outflows-from-india-stocks-top-last-year-s-record-1777454559.html April 29 Reuters Foreign investors have pulled more than 20 billion out of Indian equities in the first four months of 2026, surpassing last year39;s record annual exit, as an Iran wardriven spike in oil prices soured sentiment on Asia39;s thirdlargest economy and one of the biggest importers of crude oil. The bulk of the selling 19 billion has come since the Iran war started, data from the National Securities Depository showed. Last year, the outflows stood at 18.9 billion. India, which imports 90 of its energy needs and relies heavily on supplies from the Middle East, is among the most vulnerable to the energy shock, analysts have said. There is a greater propensity for markets like India, with a high reliance on oil and food prices, to be impacted by the Middle East conflict, said Lilian Chovin, head of asset allocation at UKbased private bank and wealth management firm Coutts. Indian equity benchmarks Nifty 50 and Sensex have fallen 8.2 and 9.8, respectively, so far this year, underperforming their Asian and emergingmarket peers while the rupee has fallen to record lows against the U.S. dollar. Financial shares have borne the brunt of the selling, with outflows of 799.81 billion rupees 8.44 billion, followed by information technology stocks that have seen withdrawals of about 220 billion rupees. Investor sentiment toward software firms has weakened due to concerns over potential AIled disruption, which has contributed to the broader market derating, Chovin... https://www.gurutrade.com/news/foreign-outflows-from-india-stocks-top-last-year-s-record-1777454559.html Wed, 29 Apr 2026 11:30:03 +0300 https://www.gurutrade.com/news/rupee-hits-1-month-low-on-oil-strain-importer-hedging-1777396054.html MUMBAI, April 28 Reuters The Indian rupee weakened to a near onemonth low on Tuesday, pressed by a stubborn rise in oil prices and sustained hedging by local importers against further weakness, underscoring anxiety over the currency39;s outlook as it nears the 95 per dollar mark. The rupee touched a low of 94.5750 per dollar during the trading session, its weakest level since March 30, before closing at 94.54, down 0.4 on the day. The currency39;s losses were contained by dollar sales from staterun banks, most likely on behalf of the Reserve Bank of India, four traders said. Asian currencies were under pressure across the board on Tuesday with oilsensitive FX especially hard hit as Brent crude oil futures climbed over 110 per barrel as U.S.Iran peace talks remained in limbo. U.S. President Donald Trump is unhappy with the latest Iranian proposal on resolving the twomonth war, a U.S. official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fuelled inflation, and killed thousands. Regional stocks were under pressure on Tuesday as well, with MSCI39;s gauge of Asian stocks outside of Japan down 0.7. India, Indonesia, and the Philippines run current account deficits, arguably making their currencies more sensitive to incremental deterioration in the terms of trade, analysts at Goldman Sachs said in a note. That vulnerability may end up requiring more use of foreign exchange reserves, either separate from or in combination with... https://www.gurutrade.com/news/rupee-hits-1-month-low-on-oil-strain-importer-hedging-1777396054.html Tue, 28 Apr 2026 03:50:10 +0300 https://www.gurutrade.com/news/ftse-100-to-snap-six-day-losing-streak-on-bp-share-boost-1777377901.html April 28 Reuters UK39;s FTSE 100 edged higher on Tuesday, on track to end a sixday losing streak, after BP39;s strongerthanexpected firstquarter profit lifted energy stocks, eclipsing persistent geopolitical tensions. The bluechip FTSE 100 index rose 0.4 to 10,367.61 points by 1019 GMT, while the midcap FTSE 250 slipped 0.2, down for a fourth day in a row. BP shares rose 3.1 after its firstquarter profit more than doubled yearonyear. Rival Shell added 2.3, with both offering the biggest boost to the bluechip index. Tullow Oil surged 12 after the West Africafocused independent oil and gas producer forecast annual oil production to come in at the higher end of its outlook range after a strong start to the year. Further aiding energy stocks39; advance was an extended rally in crude prices as the standoff in the U.S.Iran war persisted. The expectation of higherforlonger oil prices does outline a bullish case for oil gas producers, said Joshua Mahony, chief market analyst at Scope Markets. While some will complain at 39;profiteering39; from the war in Iran, the fact is that companies in the sector will see profits fluctuate as the price of their underlying commodity changes, Mahony said. Attention later this week will turn to the Bank of England39;s policy decision, where the central bank is expected to keep rates on hold, with investors watching for any signs of it moving towards raising rates later in the year. Britain39;s heavy reliance... https://www.gurutrade.com/news/ftse-100-to-snap-six-day-losing-streak-on-bp-share-boost-1777377901.html Tue, 28 Apr 2026 02:10:28 +0300 https://www.gurutrade.com/news/gbp-dips-as-cenbank-decisions-iran-war-uncertainty-in-focus-1777377133.html LONDON, April 28 Reuters Sterling eased against a stronger U.S. dollar on Tuesday as market attention focused on central bank action, including from the Bank of England, while uncertainty over the Iran war persisted. The British pound was last 0.3 lower against the dollar at 1.3488, and little changed against the euro at 86.55 pence . The Bank of England on Thursday is expected to keep interest rates steady, but markets will be paying close attention to any guidance or comments from the central bank about how the Iran war may impact the economy, and monetary policy. In our view, only the most hawkish rate setter on the 9person Monetary Policy Committee MPC, will vote to raise interest rates to mitigate this improbable risk on Thursday, 30 April. The remainder will be content to just say that they are willing to act, Andrew Wishart, senior UK economist at Berenberg, said in a note. The two interest rate hikes priced in have already dampened economic activity, which reduces the likelihood that the BoE will follow through with actual rate hikes, he added. Wishart noted that the central bank may instead return to cutting rates by the end of the year. Money markets have been sensitive to developments in the Iran war since it began. As higher energy prices sparked inflation expectations and growth fears emerged, traders increased bets on rate hikes from the BoE. Besides the BoE, various other major central banks are set to stay on hold this week, including the European... https://www.gurutrade.com/news/gbp-dips-as-cenbank-decisions-iran-war-uncertainty-in-focus-1777377133.html Tue, 28 Apr 2026 01:50:00 +0300 https://www.gurutrade.com/news/gold-slips-to-3-wk-low-as-oil-climbs-cenbank-decisions-loom-1777369848.html Trump unhappy with latest Iranian proposal, official says Brent oil rises above 110bbl BOJ keeps rates steady but hawkish split points to June hike Fed expected to hold rates steady on Wednesday April 28 Reuters Gold slipped to a threeweek low on Tuesday, following a rise in oil prices after stalled U.S.Iran talks, as markets weighed inflation risks and interestrate concerns ahead of a slew of central bank decisions. Spot gold dropped 1.4 to 4,614.71 per ounce, as of 0924 GMT, its lowest level since April 7. U.S. gold futures for June delivery fell 1.4 to 4,629.20. Today39;s decline in gold and silver prices mirrors an increase in oil prices due to the lack of progress in the negotiations between the U.S. and Iran, said Julius Baer analyst Carsten Menke. U.S. President Donald Trump is unhappy with the latest Iranian proposal on resolving the twomonth war, a U.S. official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fuelled inflation and killed thousands. Brent oil prices climbed above 110 a barrel, as the crucial Strait of Hormuz waterway remained largely shut. The gold market seems more concerned by the risk of tighter monetary policy due to the impact of the war than the risk of slowing global growth, Menke added. Elevated crude prices add to inflationary pressures, increasing the likelihood of higher interest rates. While gold is traditionally seen as a hedge against inflation, high interest rates weigh on... https://www.gurutrade.com/news/gold-slips-to-3-wk-low-as-oil-climbs-cenbank-decisions-loom-1777369848.html Tue, 28 Apr 2026 12:50:08 +0300 https://www.gurutrade.com/news/jpy-steady-usd-edges-higher-cenbanks-focus-as-boj-holds-1777375064.html BOJ holds interest rates at 0.75 as expected, in 63 vote Yen steady after BOJ press conference Dollar edges higher after twoday losing streak ahead of Fed meeting LONDONSINGAPORE, April 28 Reuters The Japanese yen steadied on Tuesday, having firmed initially after the Bank of Japan held interest rates steady in a split vote, while the dollar nudged higher as markets focused on central bank policy decisions and guidance while the Iran war loomed large. The yen was last a touch lower against the dollar at 159.63 and slightly firmer against the euro at 186.75, paring back most of the gains it made after the BOJ39;s verdict that saw three of its ninemember board break ranks to call for higher borrowing costs. In its , the BOJ also sharply revised up its core inflation forecasts for the fiscal years ending March 2027 and March 2028, while slashing its growth forecasts for both years. Governor Kazuo Ueda in a press conference left the door open to a rate hike but gave little indication about what the timeline for a policy change could look like. The yen strengthened right after the policy meeting because the BOJs economic outlook was hawkish, and there were three dissenters to the decision. So the market cautiously awaited the press conference of BOJ Governor Ueda. But he was not as hawkish as the statement sounded, which was why the yen pared early gains, said Takeshi Ishida, a strategist at Kansai Mirai Bank. The persistent yen weakness remains a source of concern... https://www.gurutrade.com/news/jpy-steady-usd-edges-higher-cenbanks-focus-as-boj-holds-1777375064.html Tue, 28 Apr 2026 12:20:29 +0300 https://www.gurutrade.com/news/europe-shares-flat-as-us-iran-talks-stall-earnings-in-focus-1777367251.html BP gains on strong Q1 performance Novartis slips after quarterly results miss estimates Euro zone consumers raise inflation expectations ECB survey April 28 Reuters European shares were muted on Tuesday as investors braced for a week packed with central bank meetings and corporate earnings, while weighing a diplomatic impasse in U.S.Iran negotiations. Investor caution increased after U.S. officials indicated that U.S. President Donald Trump was dissatisfied with Iran39;s latest proposal on resolving the twomonthlong war. The latest proposal sought to postpone a discussion on Iran39;s nuclear programme until the war concludes and shipping disputes are resolved. The panEuropean STOXX 600 was flat at 609.63 points, by 0832 GMT. Most major regional markets were higher with Spain39;s IBEX 35 and UK39;s FTSE 100 adding 1 and 0.3, respectively. The war has roiled global markets, driving oil prices higher and reigniting concerns over global inflation and growth, with the vital Strait of Hormuz remaining closed. Optimism surrounding technology and AI has helped Wall Street and other global markets rebound from a sharp selloff in March, while energydependent European stocks lag below prewar levels. The current markets are pretty precariously positioned in that sentiment could easily turn negative quickly. The Iran war isn39;t over, said Michael Field, European equity strategist at Morningstar. Inflation is still coming through. And as and when central banks start raising... https://www.gurutrade.com/news/europe-shares-flat-as-us-iran-talks-stall-earnings-in-focus-1777367251.html Tue, 28 Apr 2026 11:50:52 +0300 https://www.gurutrade.com/news/dollar-dips-as-traders-eye-us-iran-talks-central-banks-1777298416.html Doubts over peace deal cast shadow over markets Hormuz stays shut as Trump cancels envoys39; Islamabad trip Axios report on Iran peace offer brings hopes of resolution Investors eye central bank meetings, BOJ, ECB and Fed to hold rates April 27 Reuters The U.S. dollar fell slightly on Monday as wavering hopes of a deal to end the Middle East war left investors on edge ahead of a slate of central bank meetings later this week. The Japanese yen was pinned just beneath the crucial 160 level ahead of the Bank of Japan39;s policy decision later in the week. Sentiment got a lift overnight after Axios reported, citing sources, that Iran gave the U.S. a new proposal through Pakistani mediators on reopening the waterway and ending the war, with nuclear negotiations postponed for a later stage. Some analysts have argued that a potential nuclear deal remains the main sticking point, as any agreement that leaves Iran39;s nuclear programme largely unchanged could be politically damaging for the U.S. President at home. Given the experience about two weeks ago, when similar hopes of reopening of the Strait of Hormuz had already surfaced but were dashed again within 24 hours, market euphoria is likely to be much more muted this time, said Thu Lan Nguyen, head of forex commodity research at Commerzbank. The Strait of Hormuz normally carries a fifth of global oil and gas shipments. The dollar benefited in March from safehaven flows as the war erupted but shed most of those... https://www.gurutrade.com/news/dollar-dips-as-traders-eye-us-iran-talks-central-banks-1777298416.html Mon, 27 Apr 2026 04:00:26 +0300 https://www.gurutrade.com/news/rupee-ends-flat-as-rbi-likely-blunts-high-oil-price-impact-1777299402.html MUMBAI, April 27 Reuters The Indian rupee ended modestly stronger on Monday, as dollar sales by staterun banks cushioned the pressure from higher oil prices on the currency after the U.S.Iran talks stalled. The rupee closed at 94.19, compared with its previous close of 94.2475. Staterun banks offered dollars early in the session, most likely on behalf of the Reserve Bank of India, to limit the currency39;s fall, traders said. That was the trigger for broader dollarselling interest, offering the rupee breathing room, a trader at a Mumbaibased bank said. Oil prices jumped almost 3 on Monday, as shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight. Higher oil prices threaten to slow growth and raise inflation in importdependent India, while widening the fiscal and current account deficits. Goldman Sachs analysts raised their oil price forecast over the weekend to 94 per barrel three months later, up from 84 earlier. They have also shaved India39;s growth forecast for 2026 to 5.9 from 6.2. We remain cautious, as the prolonged Middle East disruption is likely to keep crude oil and gas prices elevated, and physical supply conditions tight, raising industrial input costs and, if administered, pump prices are adjusted higher, that would weigh on real household income, they said in a note. On Monday, a modestly weaker dollar also offered support to the rupee in the latter half of the session. The dollar index was down 0.3 at 98.3... https://www.gurutrade.com/news/rupee-ends-flat-as-rbi-likely-blunts-high-oil-price-impact-1777299402.html Mon, 27 Apr 2026 02:30:29 +0300 https://www.gurutrade.com/news/gold-steadies-as-traders-eye-cenbank-inflation-worries-1777289066.html Trump says Iran can phone if it wants to talk Fed expected to hold interest rates steady at April FOMC meeting Investors look out for BOJ, ECB central bank meetings April 27 Reuters Gold prices were steady on Monday, as traders stayed cautious ahead of upcoming central bank meetings, wary that persistent strength in oil prices could prompt a more hawkish policy stance. Spot gold was flat at 4,707.16 per ounce, as of 1100 GMT. U.S. gold futures for June delivery fell 0.4 to 4,722.60. The main message that traders are preparing for is that central banks will be more hawkish than they were previously because of the fact that oil prices have risen and pushed inflationary pressures up, said Fawad Razaqzada, market analyst at City Index and FOREX.com. Because of that, the gold market will be cautious heading into the central bank meetings. Brent oil climbed above 105 per barrel, as shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight. Higher oil prices since the onset of the U.S.Israel war on Iran have stoked inflation fears and concerns around elevated interest rates. While gold is considered an inflation hedge, high interest rates make yieldbearing assets more attractive, weighing on its appeal. The Fed is widely expected to hold interest rates steady in its policy statement on Wednesday at the end of its twoday meeting on April 28 to 29. Investors will also be watching other central bank meetings this week, including the... https://www.gurutrade.com/news/gold-steadies-as-traders-eye-cenbank-inflation-worries-1777289066.html Mon, 27 Apr 2026 02:20:07 +0300 https://www.gurutrade.com/news/europe-shares-steady-investors-eye-us-iran-talks-cenbanks-1777300614.html Intertek drops after rejecting revised takeover bid Nordex advances on strong quarterly earnings German consumer sentiment at a 3year low survey April 27 Reuters European shares were muted on Monday, as investors prepared for a week packed with central bank meetings, while oil prices rose with U.S.Iran peace talks stalling again. U.S. President Donald Trump cancelled a trip by his envoys to Pakistan over the weekend for scheduled talks with Iran. Trump has said Iran could telephone if it wants to negotiate an end to their twomonth war, but added that Tehran cannot have a nuclear weapon. Investors, however, took notice of an Axios report that said Iran proposed reopening the Strait of Hormuz, while postponing nuclear negotiations. The panEuropean STOXX 600 was flat at 610.36 points as of 0826 GMT. The index snapped a fourweek streak of gains last week, ending 2.5 lower. Major regional bourses moved higher with Germany39;s DAX and Spain39;s IBEX 35 adding about 0.3 each. With technologyled moves aiding U.S. stocks to alltime highs, energydependent Europe has lagged with several companies flagging the impact of the Iran war on earnings. It is a possibility that we continue to see the STOXX600 index diverge negatively from the technologyheavy U.S. names in the coming days due to the weakening economic outlook in Europe, said Ipek Ozkardeskaya, senior market analyst at Swissquote Bank. The economic implications of the higher energy prices and the lower growth... https://www.gurutrade.com/news/europe-shares-steady-investors-eye-us-iran-talks-cenbanks-1777300614.html Mon, 27 Apr 2026 12:40:42 +0300 https://www.gurutrade.com/news/sterling-edges-up-vs-dollar-with-middle-east-boe-in-focus-1777297389.html April 27 Reuters Sterling edged up against the dollar on Monday as markets focused on geopolitics amid uncertainty over a possible U.S.Iran deal that could reopen the Strait of Hormuz, while awaiting the Bank of England policy meeting later this week. The greenback rallied during the Iran conflict, benefiting in March from safehaven flows as the U.S. is less exposed than Europe including Britain to the adverse effects of surging oil prices, given the region39;s heavy reliance on oil imports. The dollar edged lower on Monday and hopes for a deal are still alive. Sterling was 0.08 higher versus the dollar at 1.3544 . Against the euro, it fell 0.1 to 86.70 pence . Politics remained in focus as Prime Minister Keir Starmer is facing growing scrutiny for appointing Labour veteran Peter Mandelson as ambassador to the U.S. The pound has been supported by the hawkish repricing of BoE rate hike expectations encouraged by further evidence of stronger UK growth momentum at the start of this year while underlying inflation pressures remained uncomfortably high at the start of the energy price shock, said Lee Hardman, senior currency economist at MUFG. In local and regional elections on May 7, the Labour Party looks set to suffer large losses at the hands of the populist Reform UK party led by Brexit veteran Nigel Farage. With the BoE widely expected to leave interest rates unchanged on Thursday, investor attention is likely to centre on a voting split and the tone of the... https://www.gurutrade.com/news/sterling-edges-up-vs-dollar-with-middle-east-boe-in-focus-1777297389.html Mon, 27 Apr 2026 11:50:39 +0300 https://www.gurutrade.com/news/uk-stocks-eye-weekly-loss-as-us-iran-truce-prospects-fade-1777030219.html April 24 Reuters UK39;s main stock indexes fell on Friday and were headed for weekly losses as hopes of a swift resolution to the Iran war faded, with the Bank of England39;s warning that global stocks could take a hit adding further pressure. The bluechip FTSE 100 index fell 0.6 to 10,391.16 points by 1005 GMT. The benchmark index was headed for its first weekly drop in five, set to erase all gains since the U.S.Iran ceasefire was announced earlier this month. The midcap FTSE 250 slipped 1.1. Investors remained on edge as crude oil prices rose on concerns of renewed military escalation in the Middle East, with no progress in negotiations to reopen the Strait of Hormuz. Higher oil prices dragged the travel and leisure sector 1.4 lower, with Wizz Air down 4.9. The Bank of England39;s Deputy Governor Sarah Breeden told the BBC on Friday that stock markets around the world are expected to fall as current share prices do not fully reflect the many risks facing the global economy. Heavyweight banks Barclays and HSBC fell more than 1. Sterling gained 0.1 after data showed British retail sales rose by 0.7 in March. Major retailers have warned that persistent Mideast tensions are likely to cloud their earnings outlook. Personal care, drug, and grocery stocks were up 0.5, among the few gainers on the FTSE 100 besides the energy and utilities sector. Computacenter jumped 9.9 after the technology and services provider said it would beat annual... https://www.gurutrade.com/news/uk-stocks-eye-weekly-loss-as-us-iran-truce-prospects-fade-1777030219.html Fri, 24 Apr 2026 01:50:05 +0300 https://www.gurutrade.com/news/sterling-up-but-eyes-weekly-loss-as-iran-tension-weighs-1777036623.html LONDON, April 24 Reuters The British pound rose slightly against the dollar on Friday but was headed for a weekly loss, as traders kept an eye on stalled peace negotiations between the U.S. and Iran while some strong UK retail data barely moved the needle. Sterling was 0.1 higher versus the dollar at 1.348, as broader currency markets traded largely rangebound. Against the euro, the pound fell 0.1 to 86.69. UK retail sales for March rose more than expected, official data showed. British motorists worried about fuel price increases rushed to the pumps immediately after the start of the Iran war, pushing up total sales volumes for the country39;s retail sector. There had been concerns that the uncertainty over the impact of the situation in the Middle East on household finances might dampen consumers39; appetite to spend, but even the figures for March were fairly robust, Investec economists wrote in a note. However the data comes hot on the heels of a survey that on Thursday showed British consumer morale slid this month to its lowest since October 2023 as households ramped up their expectations for price rises. The war in the Middle East has caused a global energy price spike, fanning concern around inflation and growth. Traders are betting on at least one 25basispoint rate increase from the Bank of England this year, a marked reversal from before the war when they had been eyeing two . The BoE will deliver its next policy decision on Thursday, with markets... https://www.gurutrade.com/news/sterling-up-but-eyes-weekly-loss-as-iran-tension-weighs-1777036623.html Fri, 24 Apr 2026 01:10:33 +0300 https://www.gurutrade.com/news/europe-shares-fall-eye-weekly-loss-on-mideast-worries-1777020722.html April 24 Reuters European shares fell on Friday and were set to end the week lower, as investors remained concerned about the lack of progress toward a resolution to the Middle East conflict, while also keeping a close watch on corporate earnings. The panEuropean STOXX 600 index declined 0.5 to 611.04 points, as of 0715 GMT. It was on track to log 2.5 weekly decline after rising for four consecutive weeks. Most of the major regional markets mirrored the decline. Investor sentiment remained fragile despite signs of diplomatic movement. Israel and Lebanon agreed to extend their ceasefire by three weeks following a White House meeting brokered by U.S. President Donald Trump, who said he was willing to wait for the best deal to end the conflict with Iran. Still, the war has now stretched to around eight weeks, with Washington and Tehran remaining at an impasse. Markets have swung between optimism that a breakthrough may be near and concern that the conflict could drag on, with little clarity on when tensions might ease. Benchmark Brent crude hovered above 100 per barrel, as the Strait of Hormuz remains effectively shut, adding to worries over energy supplies and inflation. Among sectors, most traded in negative territory, with aerospace and defence leading the declines, down 2.4. Technology was the standout gainer, rising 0.7, helped by a 5.5 jump in SAP shares after the German software maker beat firstquarter profit estimates on strong growth in its cloud business.... https://www.gurutrade.com/news/europe-shares-fall-eye-weekly-loss-on-mideast-worries-1777020722.html Fri, 24 Apr 2026 10:50:36 +0300 https://www.gurutrade.com/news/gold-pares-losses-on-possible-lebanon-israel-truce-extension-1776964639.html Lebanon seeks extension of ceasefire with Israel US Treasury yields pare gains after jobless claims data Jobless claims beat forecast, hint at labour market easing April 23 Reuters Gold pared some losses on Thursday on news of a potential LebanonIsrael ceasefire extension and after Treasury yields retreated from session highs following U.S. weekly jobless claims data. Spot gold was down 0.3 at 4,722.02 per ounce, as of 1152 a.m. EDT 1552 GMT, after falling 1 earlier in the day to as low as 4,683.84 per ounce. U.S. gold futures for June delivery fell 0.2 to 4,738.50. What provided bid was signs of a potential breakthrough in the Lebanon ceasefire earlier this morning. But that happened to coincide with the economic data release, said Daniel Ghali, commodity strategist at TD Securities. The U.S. is set to host a second meeting between Lebanese and Israeli envoys on Thursday, with Beirut seeking an extension of the ceasefire, a day after Israel killed at least five people including a journalist in airstrikes. Certainly yields and the data are playing a role, but all asset prices, including gold, are moving with headlines, Ghali said. Benchmark 10year U.S. Treasury yields let go of most gains, after rising to an over oneweek high earlier, decreasing the opportunity cost of holding nonyielding bullion. More Americans filed claims for unemployment benefits last week than anticipated. Initial claims for unemployment benefits rose by 6,000 to a seasonally adjusted... https://www.gurutrade.com/news/gold-pares-losses-on-possible-lebanon-israel-truce-extension-1776964639.html Thu, 23 Apr 2026 07:40:12 +0300 https://www.gurutrade.com/news/ftse-100-falls-as-oil-rises-us-iran-talk-hopes-fade-away-1776960216.html April 23 Reuters Britain39;s FTSE 100 fell on Thursday, as higher oil prices and fading prospects of renewed U.S.Iran peace negotiations weighed on the broader market, while investors parsed through a raft of corporate earnings. The bluechip FTSE 100 index dropped 0.8 to 10,388.84 points by 1040 a.m. GMT, while the midcap FTSE 250 fell 1.1. Brent crude futures surged past 100 a barrel, as Iran tightened its grip on the Strait of Hormuz and said it will not reopen the waterway until the U.S. lifts its naval blockade. The rise in oil prices pressured travel leisure stocks, with Wizz Air and Carnival down 3 and 2.4, respectively. Travel retailer WH Smith plunged 10.6 after it cut its annual profit forecast and suspended dividend. Meanwhile, heavyweight banks Barclays and HSBC fell 2.1 and 0.9, respectively. Among miners, Fresnillo declined 6.9, and Rio Tinto fell 2.1, tracking precious and base metals. The share of British firms reporting higher costs jumped to a record this month, signalling high input costs and rising inflation as fallout from the Iran war weighs on the economy, a survey showed. Traders are now pricing in 70 probability of the Bank of England hiking rates in June, up from 40 last week, according to LSEG data. The FTSE 100 is down 2.7 for the week so far and is on track to erase nearly all gains sparked by hopes of the U.S.Iran ceasefire, which was announced earlier this month. Among other stocks, supermarket... https://www.gurutrade.com/news/ftse-100-falls-as-oil-rises-us-iran-talk-hopes-fade-away-1776960216.html Thu, 23 Apr 2026 02:30:38 +0300 https://www.gurutrade.com/news/rupee-hits-3-month-losing-streak-as-oil-price-pain-persists-1776950954.html MUMBAI, April 23 Reuters The Indian rupee fell for the fourth consecutive session on Thursday, its longest losing streak since midJanuary, as stalled peace talks between the U.S. and Iran lifted oil prices over 100 per barrel. The rupee closed at 94.1050 against the U.S. dollar, down 0.3 on the day. The currency has declined over 1 so far this the week, pressured by a near 15 rise in crude prices. Elevated energy costs also weighed down stocks, with India39;s benchmark Nifty 50 declining 0.8 on Thursday, tracking a similar decline in MSCI39;s gauge of regional equities. Iran has captured two container ships seeking to exit the Gulf via the Strait of Hormuz, tightening its grip on the crucial waterway, as investors assess whether a fragile ceasefire with the U.S. will hold. The reassuring element is that at least one party the U.S. is signalling a strong desire to resume negotiations swiftly. What is less reassuring is the lack of clarity around plans for reopening the Strait of Hormuz, ING said in a note. The rupee has also been bogged down by a partial rollback of supportive measures, which traders said has sent mixed signals to market participants, despite lingering geopolitical worries. Meanwhile, business survey data released on Thursday showed that growth in India39;s private sector accelerated in April as manufacturing and services activity rebounded after cooling last month. Our sense is that it is a case of frontloading production, Pranjul Bhandari,... https://www.gurutrade.com/news/rupee-hits-3-month-losing-streak-as-oil-price-pain-persists-1776950954.html Thu, 23 Apr 2026 01:30:26 +0300 https://www.gurutrade.com/news/europe-shares-fall-on-mideast-tension-corporate-earnings-1776938676.html L39;Oreal shares rises after strong first quarter Euro zone business activity contracted in AprilPMI Nokia hits 16year high after AI business outlook raised Nestle jumps as it maintains fullyear growth outlook April 23 Reuters European shares fell on Thursday as renewed shipping concerns in the strategic Strait of Hormuz dampened investor sentiment, while market participants parsed through a wave of corporate earnings reports. The panEuropean STOXX 600 index was down 0.4 at 611.53 points, as of 0853 GMT. Most of the major regional markets mirrored this downward trend, with Germany39;s DAX and London39;s FTSE 100 dropping 0.6 and 0.8, respectively. There was hardly any reprieve in the Middle East conflict as Iran tightened its grip on the Strait of Hormuz, after President Donald Trump made what appeared to be a unilateral announcement on Tuesday that the U.S. would extend the Iran ceasefire. The developments left markets nervous about whether the fragile ceasefire would hold. The absence of any peace talks between the U.S. and Iran has led investors to price in a longer conflict again, along with a more extended closure of the Strait of Hormuz, analysts at Deutsche Bank Research said. CORPORATE EARNINGS ON TAP Investors were navigating the peak of Europe39;s corporate earnings season, scrutinizing reports for insights into how the Iran conflict is affecting businesses. Many companies struck a cautious tone in their results earlier this month, citing higher... https://www.gurutrade.com/news/europe-shares-fall-on-mideast-tension-corporate-earnings-1776938676.html Thu, 23 Apr 2026 12:40:28 +0300 https://www.gurutrade.com/news/dollar-firm-on-safe-haven-demand-amid-iran-us-stand-off-1776938033.html Oil prices move above 100 as IranU.S. tensions escalate Dollar index near 112week high on safehaven demand Fed expected to delay rate cuts as energy shock fuels inflation, Reuters poll shows LONDON, April 23 Reuters The dollar was headed for its first weekly rise in a month on Thursday, as a standoff between Iran and the U.S. in the Middle East war and a lack of progress on peace talks sent oil prices back above 100 a barrel and dented investor optimism. Tehran seized two ships in the Strait of Hormuz on Wednesday, escalating tensions after U.S. President Donald Trump extended a ceasefire with Iran indefinitely with no sign of peace talks restarting. The two sides remain divided on a ceasefire, their blockades, nuclear issues and control of the strait, leaving the strategic waterway still effectively shut and triggering an energy shock in a blow to economies across the world. For now, at least, it39;s still feeling as though the path of least resistance is just a maintenance of just adding to dollar positions slightly, so, unwinding that sort of peace premium that had been put back into the market, CIBC Capital Markets head of G10 FX strategy Jeremy Stretch said. The euro was flat at 1.17, having touched its lowest point since April 13 earlier on. The single currency is headed for a 0.5 decline this week, its first drop in four weeks. Sterling was down 0.1 at 1.3484, shrugging off data that showed an early impact of the U.S.Israeli war on Iran on British... https://www.gurutrade.com/news/dollar-firm-on-safe-haven-demand-amid-iran-us-stand-off-1776938033.html Thu, 23 Apr 2026 12:10:12 +0300 https://www.gurutrade.com/news/european-chip-electrical-stocks-surge-as-ai-optimism-builds-on-earnings-1776881755.html April 22 Reuters Shares in European chip and electrical equipment makers rallied on Wednesday as investors piled into stocks set to benefit from the artificial intelligence investment boom, following upbeat earnings reports and an outsized surge in U.S. peers. Computer chip equipment maker ASM International surged 9 to an alltime high after it guided for secondquarter sales well ahead of market expectations, with analysts highlighting robust AIdriven demand. Swiss engineering company ABB raised its fullyear outlook, saying booming demand from data centres and other parts of its electrification business offset heightened uncertainties linked to the Iran war. Its shares also hit a new record. The rally in European semiconductor shares and other companies seen as beneficiaries of the AI infrastructure buildout in the region mirrors gains in the Philadelphia SOX index, the U.S. benchmark for the sector. The index has risen for 15 consecutive sessionsthe longest winning streak since at least 2014gaining 35 over that period, its strongest performance in around 24 years. Barclays said a long stretch of weak investment in developed markets is giving way to an AIled upswing, lifting demand for semiconductors and related infrastructure. The UK bank expects investment growth to accelerate from 2026 as AI buildouts gather pace, alongside spending on defence, energy security and supplychain security. While AI spending has lifted U.S. corporate capex cycle higher, investments... https://www.gurutrade.com/news/european-chip-electrical-stocks-surge-as-ai-optimism-builds-on-earnings-1776881755.html Wed, 22 Apr 2026 02:50:33 +0300 https://www.gurutrade.com/news/gold-rises-as-iran-ceasefire-extension-calms-markets-1776859940.html US will indefinitely extend ceasefire with Iran US to continue blockade of Iran trade Kevin Warsh says he made no ratecut promises to Trump April 22 Reuters Gold prices rose around 1 on Wednesday as easing market stress reduced liquidation pressure on the metal and weighed on the dollar after U.S. President Donald Trump extended the ceasefire with Iran, giving a boost to riskier assets. Spot gold was up 0.9 at 4,756.10 per ounce by 0953 GMT. U.S. gold futures for June delivery gained 1.2 to 4,774.60. Gold seems to be rallying with pretty much all the risk assets right now, said Nitesh Shah, commodity strategist at WisdomTree. When other assets come under pressure, gold has been liquidated, and when that liquidation pressure eases, gold has now got a chance to rise. Stocks gained and the dollar eased, while oil prices hovered just below 100 a barrel as the Strait of Hormuz remained closed. Trump said he would indefinitely extend the ceasefire with Iran to allow for further peace talks, although it was not clear on Wednesday if Iran or Israel, the United States39; ally in the twomonthold war, would agree. The president also said he would continue the U.S. Navy39;s blockade of Iran39;s trade by sea, something that is considered an act of war by Tehran. Higher energy prices can push inflation higher. While gold is traditionally considered a hedge against inflation, high interest rates make yieldbearing assets more attractive, weighing on bullion39;s appeal. Federal... https://www.gurutrade.com/news/gold-rises-as-iran-ceasefire-extension-calms-markets-1776859940.html Wed, 22 Apr 2026 02:10:26 +0300 https://www.gurutrade.com/news/gbp-steady-on-inflation-data-iran-ceasefire-uncertainty-1776880099.html April 22 Reuters The British pound was little changed on Wednesday as markets grappled with continued uncertainty over the Middle East conflict, even after U.S. President Donald Trump indefinitely extended a ceasefire with Iran. It was unclear whether Iran or Israel Washington39;s ally in the twomonth conflict agreed with the extension, and the prospect of peace talks was uncertain as the vital Strait of Hormuz shipping route remained blocked. Meanwhile, British inflation data showed early price pressures linked to the conflict. Consumer price inflation rose to an annual rate of 3.3 in March from 3.0 in February, in line with expectations. In aggregate, inflation was a little bit higher than previously, but nothing aggressive, said Dominic Bunning, head of G10 FX strategy at Nomura, adding that inflation readings were likely to climb further later in the year. I think sterling39;s going to look at this like, it could be better, it could be worse, he said. The pound was last marginally higher at 1.3516 , while the euro was little changed against sterling at 86.88 pence . Markets have also been closely focused on interestrate expectations after the Iran war pushed up inflation forecasts. Money markets were last pricing in one Bank of England rate hike this year, with some chance of a second. The BoE is, however, widely expected to leave rates unchanged when it meets later this month, with markets assigning only about a 10 chance of a hike. Policymakers face an... https://www.gurutrade.com/news/gbp-steady-on-inflation-data-iran-ceasefire-uncertainty-1776880099.html Wed, 22 Apr 2026 01:30:49 +0300 https://www.gurutrade.com/news/dollar-steady-as-markets-navigate-iran-ceasefire-uncertainty-1776849602.html Dollar broadly steady Uncertainty over Iran war outlook persists Warsh says he made no promises to Trump over rate cuts LONDONTOKYO, April 22 Reuters The dollar was steady though it traded near a oneweek high on Wednesday, as uncertainty over the conflict in the Middle East appeared to persist even after U.S. President Donald Trump extended indefinitely a ceasefire with Iran. Following Trumps announcement, it was not clear if Iran or Israel, the U.S.39; partner in the twomonth war, would agree. The president also said he would continue the U.S. Navy39;s blockade of Iran39;s trade by sea, which is considered an act of war by Iran. The U.S. dollar index , which measures the greenback39;s strength against a basket of six currencies, was little changed at 98.324. It39;s tough to have a really strong conviction at this point, said Dominic Bunning, head of G10 FX strategy at Nomura. But, he noted, overall it seems like both sides are more inclined to make progress than to reescalate. That39;s a very broad and rough and low conviction statement and I treat it with obvious caution. But I think we39;ve seen that the appetite to reengage is relatively low. So that39;s a good thing in the general sense and the market is clearly pricing that sort of slightly positive story. Most other currencies were also little changed, with the euro last at 1.1748 and the British pound at 1.3512. Data on Wednesday showed that British consumer price inflation rose to an annual rate of... https://www.gurutrade.com/news/dollar-steady-as-markets-navigate-iran-ceasefire-uncertainty-1776849602.html Wed, 22 Apr 2026 11:20:07 +0300 https://www.gurutrade.com/news/msci-quarterly-profit-rises-on-index-segment-strength-1776846023.html April 21 Reuters MSCI reported a rise in its firstquarter profit on Tuesday, helped by a strong performance in its index products and analytics services. Shares of the company were up 3.8 in trading before the bell. They have lost 1.2 so far in 2026. The company39;s stock market indices serve as benchmarks for trillions of dollars in assets held by investment funds, pension plans, and asset managers to measure performance and guide investment decisions. Here are more details on the earnings report Amid persistent volatility driven by Middle East tensions and broader macroeconomic concerns, investors turned to index products and risk analytics as they rebalanced their portfolios. Assetbased fees from MSCI39;s index segment rose 26.6 to 224.5 million in the quarter ended March 31 from a year earlier. Total operating revenue rose 14.1 to 850.8 million. The data provider posted an adjusted profit of 4.55 per share, up from 4.00 a year earlier. Reporting by Pritam Biswas in Bengaluru; Editing by Shinjini Ganguli Source Reuters https://www.gurutrade.com/news/msci-quarterly-profit-rises-on-index-segment-strength-1776846023.html Tue, 21 Apr 2026 03:10:56 +0300 https://www.gurutrade.com/news/gold-slips-as-dollar-firms-investors-focus-on-us-iran-talks-1776773438.html Iran is considering attending peace talks with US Iran condemns US seizure of commercial vessel Fed Chair nominee Warsh39;s Senate hearing at 1400 GMT April 21 Reuters Gold prices fell on Tuesday, weighed down by a firmer dollar as lingering uncertainty over U.S.Iran peace talks kept investors cautious, while they also looked forward to a Senate confirmation hearing for Federal Reserve nominee Kevin Warsh. Spot gold was down 0.7 to 4,785.56 per ounce at 1044 GMT. U.S. gold futures for June delivery fell 0.5 to 4,804.70. Today39;s decline in gold prices reflects fears that, despite the recent drop in oil prices, the situation in the Strait of Hormuz remains uncertain, with the blockade still in place, said ActivTrades analyst Ricardo Evangelista. This uncertainty is keeping inflationary concerns alive, supporting the U.S. dollar in a dynamic that creates a headwind for nonyielding gold. The dollar rose on Tuesday, making greenbackdenominated commodities more costly for holders of other currencies. The U.S. expressed confidence that peace talks with Iran would go ahead in Pakistan and a senior Iranian official said Tehran was considering joining, but significant hurdles and uncertainty remained as the end of a twoweek ceasefire neared. Iran39;s foreign ministry on Tuesday condemned the U.S. for what it called an attack on the Iranian commercial vessel Touska at the weekend, demanding its immediate release. Oil prices fell on expectations that peace talks would... https://www.gurutrade.com/news/gold-slips-as-dollar-firms-investors-focus-on-us-iran-talks-1776773438.html Tue, 21 Apr 2026 02:30:29 +0300 https://www.gurutrade.com/news/european-shares-subdued-all-eyes-on-us-iran-talks-1776766467.html Thales shares drop after Q1 sales miss analyst forecasts Royal Unibrew plunges as Pepsi partnership in northern Europe ends Technology leads gains, while healthcare and defence shares lag April 21 Reuters European shares were subdued on Tuesday as uncertainty over future oil supplies kept risk appetite restrained even as possible peace talks between the U.S. and Iran gathered momentum ahead of a looming ceasefire deadline. The panEuropean STOXX 600 index was up 0.1 to 622.17 points as of 0828 GMT. Major regional bourses also inched up, with Germany39;s DAX and London39;s FTSE 100 adding 0.6 and 0.2, respectively. Despite Iran39;s earlier reluctance to participate in another round of talks, a Pakistani official involved in the negotiations revealed to Reuters that there was momentum for discussions to resume Wednesday. The STOXX 600 now hovers just 2 below its alltime high reached on February 27, buoyed by growing optimism that the Middle East conflict may be nearing resolution. However, persistent concerns over potential oil supply disruptions continue to cast a shadow over Europe39;s energydependent economies, with numerous companies highlighting conflictrelated challenges in their quarterly reports. Kathleen Brooks, research director at XTB, noted that investors were reluctant to price in the worstcase scenario to the conflict as they remained optimistic that the ceasefire would be extended. Price action suggests that investors see the inflationary impact... https://www.gurutrade.com/news/european-shares-subdued-all-eyes-on-us-iran-talks-1776766467.html Tue, 21 Apr 2026 12:20:30 +0300 https://www.gurutrade.com/news/us-dollar-edges-higher-as-iran-ceasefire-deadline-approaches-1776761617.html Dollar rises amid concerns about USIran peace talks Investors eye Warsh Senate confirmation hearing Euro tracks natural gas price swings   April 21 Reuters The U.S. dollar edged higher on Tuesday after falling the day before as uncertainty over Middle East peace talks kept investors on the sidelines. The United States expressed confidence that peace talks with Iran would go ahead in Pakistan, but significant hurdles remain as the end of a twoweek ceasefire approaches. U.S. President Donald Trump announced the ceasefire with Iran on April 7. While he has not specified the exact time it expires, April 21 would mark two weeks, which could be Tuesday evening in the United States and Wednesday morning in Iran. Iran39;s armed forces are ready to deliver an immediate and decisive response to any renewed hostile action by its adversaries.   The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, was up 0.15 at 98.24 after a 0.2 decline on Monday. The Iran war has generally seen the greenback supported by safehaven demand while rising Brent crude futures weighed on the euro and the yen, as both regions are major oil importers. This binary backdrop of geopolitical risk is keeping a tight grip on forex and as long as talks are happening then the U.S. dollar should be on the backfoot, said Paul Mackel, global head of forex research at HSBC, referring to conflicting signals over deescalation. The opposite should also... https://www.gurutrade.com/news/us-dollar-edges-higher-as-iran-ceasefire-deadline-approaches-1776761617.html Tue, 21 Apr 2026 11:50:26 +0300 https://www.gurutrade.com/news/inr-drops-forward-premiums-climb-after-rbi-relaxes-currency-supporting-curbs-1776765853.html MUMBAI, April 21 Reuters The Indian rupee declined on Tuesday and forward premiums jumped after the central bank partially rolled back measures it had undertaken recently to support the underpressure currency. The rupee fell 0.30 to 93.4050 per U.S. dollar, while the implied interest rate on the 1year forward premium surged 14 basis points to 3.14. The Reserve Bank of India is once again allowing banks to offer nondeliverable forwards to clients and permitting companies to rebook FX contracts. Restrictions imposed less than a month ago by the RBI that limit onshore position size of banks to 100 million remain in place, while tweaks have been made to restrictions on related party transactions. Bankers said the RBI39;s rollback effectively reopens the door for corporates to arbitrage between onshore and offshore markets, a development that could put renewed pressure on the rupee in the onshore market. Such arbitrage activity was seen by market participants as the primary reason behind the restrictions imposed in the first place, after corporates exploited price differentials created by limits on position sizes of banks, pushing the rupee past the 95 per dollar level for the first time. While the spread between onshoreoffshore rates has narrowed over the last oneandahalf weeks, bankers said opportunities still exist that corporates could use, which would put pressure on the rupee. Most bankers, however, expressed doubts over whether corporates would actually engage in... https://www.gurutrade.com/news/inr-drops-forward-premiums-climb-after-rbi-relaxes-currency-supporting-curbs-1776765853.html Tue, 21 Apr 2026 09:10:03 +0300 https://www.gurutrade.com/news/uk-stocks-slip-as-uncertainty-over-us-iran-ceasefire-lifts-oil-prices-1776685649.html April 20 Reuters UK39;s main stock indexes dipped on Monday in a broadbased decline as fears that the U.S.Iran ceasefire could collapse weighed on market sentiment. The U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted, sending crude prices more than 5 higher. The bluechip FTSE 100 index fell 0.6 to 10,603.24 points by 1020 GMT, while the midcap FTSE 250 slipped 1.2. Heavyweight bank Barclays was down 2.3, while HSBC dipped 1.2, bringing the broader financials index 1.7 lower. Precious metal miners Fresnillo and Hochschild fell about 2, tracking a decline in gold and silver prices. British Airways owner IAG was down 2.8 as crude prices jumped. Aircraft engine maker RollsRoyce fell 2.6, sending the broader aerospace defence sector down 2. AstraZeneca said on Monday its experimental treatment showed a meaningful reduction in moderatetosevere flareups of chronic obstructive pulmonary disease in a latestage trial. Shares were down 1. Oil giants BP and Shell rose 2.8 and 2.3, respectively, tracking gains in oil prices. Shares of luxury handbag maker Mulberry climbed 7.5 after it reported higher annual revenue. Advertising group MC Saatchi was down 0.9 after it warned that the Middle East conflict could hit sport and entertainment business. Engineering firm Renishaw gained 6.9 after it raised fullyear profit forecast. Reporting by Utkarsh Tushar Hathi; Editing by Shreya Biswas... https://www.gurutrade.com/news/uk-stocks-slip-as-uncertainty-over-us-iran-ceasefire-lifts-oil-prices-1776685649.html Mon, 20 Apr 2026 01:00:34 +0300 https://www.gurutrade.com/news/europe-shares-slide-middle-east-ceasefire-hangs-in-balance-1776682204.html Energy shares gain on surging crude prices Travel and leisure stocks lead declines UK39;s Renishaw jumps on raised forecasts April 20 Reuters European shares declined on Monday, on concerns that a ceasefire between the U.S. and Iran might collapse after Washington said it had seized an Iranian cargo ship that tried to run its blockade and Tehran vowed to retaliate. Iran said it would not participate in a second round of negotiations that the U.S. had hoped would kick off before the ceasefire expires on Tuesday. The panEuropean STOXX 600 index was down 1.1 at 619.67 points as of 0855 GMT. Other major regional markets also fell, with France39;s CAC and Germany39;s DAX down 1 and 1.6, respectively. The moves mark a sharp reversal from last Friday39;s optimism, which led to the STOXX 600 jumping more than 1 to post its fourth straight weekly rise after Iran declared the Strait of Hormuz open. European equities are struggling to fully recoup losses sustained since the war erupted in late February, with shares in the region lagging their U.S. counterparts as elevated oil prices weigh heavily on energydependent economies, keeping investors on edge. The reason we are seeing markets under pressure this morning is because of the reintroduction of the question mark as to what exactly is happening in the peace talks between the U.S. and Iran, said Daniela Hathorn, senior market analyst at Capital.com. European equities haven39;t done poorly, they39;re lagging behind the... https://www.gurutrade.com/news/europe-shares-slide-middle-east-ceasefire-hangs-in-balance-1776682204.html Mon, 20 Apr 2026 12:50:29 +0300 https://www.gurutrade.com/news/sterling-dips-as-u-s-iran-peace-talks-falter-1776676664.html LONDON, April 20 Reuters The pound slipped on Monday after tensions between the U.S. and Iran rose sharply over the weekend, raising the prospect that a twoweek ceasefire might collapse and pushing investors towards the safehaven U.S. dollar. Market participants were also keeping an eye on UK assets as British Prime Minister Sir Keir Starmer prepared to address parliament as he faces calls to resign after it emerged former U.S. ambassador Peter Mandelson had failed a vetting process. The pound was last down 0.1 at 1.3503 as the dollar rose. The euro was 0.1 higher against the pound at 87.10 pence. The U.S. currency rose as stocks fell and oil prices climbed after Iran said it would not participate in a second round of negotiations. Tensions were running high after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade of the Strait of Hormuz. Fresh worries are percolating about the fragility of the Iran ceasefire, sending oil prices higher and keeping investors on edge, said Susannah Streeter, chief investment strategist at Wealth Club. The pound was not too far off Friday39;s twomonth high of 1.3599, however, reflecting market optimism that the worst of the Iran conflict is over. Sterling has climbed 2 this month, after falling 1.9 in April, as hopes of a ceasefire deal have caused investors to sell the dollar. Yet the pound could fall if Starmer is ousted due to the latest scandal over Mandelson39;s appointment as U.S. ambassador,... https://www.gurutrade.com/news/sterling-dips-as-u-s-iran-peace-talks-falter-1776676664.html Mon, 20 Apr 2026 11:50:21 +0300 https://www.gurutrade.com/news/gold-falls-on-stronger-dollar-amid-renewed-us-iran-tensions-1776674683.html US seizes Iranian cargo ship, Tehran vows to retaliate Iran rejects second round of negotiations with US Oil, dollar gain on rising tensions in the Middle East April 20 Reuters Gold prices fell on Monday as the dollar firmed, while news that the Strait of Hormuz is closed again pushed oil prices higher, reviving inflation fears. Spot gold was down 0.7 at 4,792.89 per ounce, as of 0730 GMT, after hitting its lowest since April 13 earlier in the session. U.S. gold futures for June delivery fell 1.4 to 4,812.20. Gold prices are lower today after the U.S.Iran war ceasefire that markets celebrated last week appeared to be breaking down, said Ilya Spivak, head of global macro at Tastylive. That has revived the nowfamiliar 39;war trade39; dynamics we39;ve seen since the beginning of the conflict. Crude oil prices gained, which echoed into inflation expectation and drove up both yields and the U.S. dollar. The dollar index strengthened, making greenbackpriced bullion more expensive for other currency holders. Benchmark 10year U.S. Treasury yields gained 0.6. Oil prices jumped and stock markets wobbled as rising tension in the Middle East kept shipping in and out of the Gulf to a bare minimum. The U.S. has seized an Iranian cargo ship that tried to run its blockade and Iran said it would retaliate, raising the possibility that the ceasefire between the two countries might not last for even the two days it is set to remain in force. Tehran said it would not... https://www.gurutrade.com/news/gold-falls-on-stronger-dollar-amid-renewed-us-iran-tensions-1776674683.html Mon, 20 Apr 2026 11:10:25 +0300 https://www.gurutrade.com/news/asia-bond-outflows-surge-to-4-yr-highs-on-inflation-concerns-1776673043.html April 20 Reuters Asian bonds recorded their largest monthly foreign outflows in four years in March as disruptions to oil and gas supplies from the Middle East conflict fueled inflation concerns, weighing on demand for fixedincome assets. Investors pulled a net 7.57 billion from regional bonds in South Korea, Thailand, Malaysia, India and Indonesia last month, marking the largest monthly outflows since March 2022, according to data from local regulators and bond market associations. Investors are paring bond positions on worries that the inflation outlook is reducing the attractiveness of holding longduration assets, said Khoon Goh, head of Asia research at ANZ. Brent crude futures rose about 5.4 to 95.29 a barrel on Monday on concerns that a ceasefire between the United States and Iran may not hold, after Washington said it had seized an Iranian cargo ship that attempted to breach its blockade and Tehran vowed retaliation. The longer energy prices remain elevated and the Strait of Hormuz is constrained, the greater the chances that higher inflation gets embedded across a wide variety of goods and services, said Federal Reserve Governor Christopher Waller on Friday. South Korean bonds faced a net 7.25 billion foreign outflow last month as worries over rising oil prices outweighed optimism over the inclusion of local government bonds into the FTSE Russell39;s World Government Bond Index WGBI starting April. Foreign investors also ditched 1.8 billion and 708... https://www.gurutrade.com/news/asia-bond-outflows-surge-to-4-yr-highs-on-inflation-concerns-1776673043.html Mon, 20 Apr 2026 11:00:14 +0300 https://www.gurutrade.com/news/dollar-pushes-to-one-week-high-as-us-iran-tensions-reignite-1776671372.html Safehaven dollar rebounds after US seizes Iranian cargo ship Peace deal hopes recede with Iran saying it will not join talks Strait of Hormuz in focus as Iran closes crucial waterway again SINGAPORETOKYO, April 20 Reuters The U.S. dollar firmed to its highest level in a week against major currencies on Monday before paring gains as renewed U.S.Iran tensions and fading hopes for a Middle East peace deal sent investors toward safe havens. The United States said on Sunday that it had seized an Iranian cargo ship that tried to run its blockade, while Iran said it would retaliate, stoking fears about a resumption of hostilities. Tehran also said it would not participate in a second round of negotiations that the U.S. had hoped to kick off before its twoweek ceasefire with Iran expires on Tuesday. The weekend escalation revives the geopolitical risk premium just as markets had started pricing a peace dividend, said Charu Chanana, chief investment strategist at Saxo, adding that higher oil is not just an energy story, it is a growthandrates story. The euro last bought 1.1757 after hitting a oneweek low of 1.1729 earlier in the session, while sterling was 0.11 lower at 1.3503. The risksensitive Australian dollar fell 0.27 to 0.7148. The dollar index , which measures the U.S. currency against six peers, was at 98.30, hovering near its highest in a week and recouping some of its recent losses. The index is down 1.5 in April amid rising risk appetite on hopes for a peace... https://www.gurutrade.com/news/dollar-pushes-to-one-week-high-as-us-iran-tensions-reignite-1776671372.html Mon, 20 Apr 2026 09:50:39 +0300 https://www.gurutrade.com/news/oil-price-plunge-on-us-iran-peace-hopes-to-give-rupee-bonds-some-breather-1776675850.html MUMBAI, April 20 Reuters The Indian rupee and government bonds this week will be comforted by a drop in oil prices even as shipping through the Strait of Hormuz remains at a standstill, days before a ceasefire between the United States and Iran is set to expire. Brent crude oil prices fell sharply on Friday and could experience fresh volatility this week after U.S. President Donald Trump said his envoys would return to Pakistan for fresh talks with Iran, while threatening attacks on Iran39;s bridges and power plants unless it accepts his terms. Amid the uncertainty, traders expect the rupee to to be rangebound this week after closing at 92.9250 against the dollar on Friday, down 0.2 weekonweek. Regulatory measures by the central bank have helped steady the currency after it hit a record low past the 95 handle in lateMarch. Traders expect the currency to hover in a 92.5093.50 band in the near term with priceaction expected to be dependent on merchant and portfolio flows. Overseas investors have next sold over 6 billion of Indian equities and bonds over April so far, parking the yeartodate outflows at nearly 19 billion. Structural pressures from a widening current account deficit and persistently high portfolio outflows are expected to keep the INR under pressure going forward, analysts at ING said in a note. While the data calendar is relatively light this week, investors will keep an eye out for the minutes of the Reserve Bank of India39;s April policy meeting... https://www.gurutrade.com/news/oil-price-plunge-on-us-iran-peace-hopes-to-give-rupee-bonds-some-breather-1776675850.html Mon, 20 Apr 2026 07:30:55 +0300