Natural Gas and Oil Forecast: Middle East Risk Keeps Oil Near $90 – Breakout or Bust?.WTI oil struggles under $92 resistance as Middle East tensions balance against domestic supply. Will the downward channel break or send prices back toward $85?

INR: FX curbs eased as RBI balances hedging needs – DBS.INR: FX curbs eased as RBI balances hedging needs – DBS

India's FX curbs drove foreign bond exits, stoking selloff, Nuvama's Marwaha says.The Indian central bank's foreign exchange ‌curbs prompted overseas investors to take profits in the South Asian country's government bond market, sparking a selling cycle that sent borrowing costs to a two-year high, a top fixed-income official at the Nuvama Group said on Tuesday.

United Kingdom DCLG House Price Index (YoY) registered at 1.2% above expectations (0.9%) in February.United Kingdom DCLG House Price Index (YoY) registered at 1.2% above expectations (0.9%) in February

European Currencies Decline Amid Rising Geopolitical Risks.European currencies are moving into a corrective decline after recent attempts to hold above key levels, with the current move driven by escalating geopolitical tensions and stronger demand for safe-haven assets. The partial closure of the Strait of Hormuz and renewed escalation in the Middle East are weighing on risk assets, supporting the US dollar through capital flows into more liquid instruments and limiting upside potential for both the euro and the pound.

UK Inflation Hits 3-Month High as Energy & Food Pressures Mount.The UK's inflationary landscape saw a fresh uptick in March 2026, with the annual rate climbing to 3.3%. This print comes after two months of stability at 3%, and while the move was largely anticipated by markets, it marks the highest reading we've seen in three months.

South Africa Consumer Price Index (MoM) up to 0.6% in March from previous 0.4%.South Africa Consumer Price Index (MoM) up to 0.6% in March from previous 0.4%

AUD/JPY holds gains above 114.00 following news of easing US Strait blockade.AUD/JPY holds gains above 114.00 following news of easing US Strait blockade

Indonesia Bank Indonesia Rate meets expectations (4.75%).Indonesia Bank Indonesia Rate meets expectations (4.75%)

IRGC warns of obliterating US remaining assets in Middle East.IRGC warns of obliterating US remaining assets in Middle East

GBP/JPY drops to near 215.00 as UK core CPI cools down.GBP/JPY drops to near 215.00 as UK core CPI cools down

Turkey Consumer Confidence rose from previous 85 to 85.5 in April.Turkey Consumer Confidence rose from previous 85 to 85.5 in April

Pound Sterling Today: UK Inflation Up, But No BoE Shift Yet.Pound Sterling held firm against the euro and US dollar after UK inflation rose as expected, reinforcing a finely balanced outlook for Bank of England policy. The Pound to Euro exchange rate (GBP/EUR) is seen trading flat on the day at 1.15031, while the Pound to Dollar exchange rate (GBP/USD) is marginally higher at 1.35155.

Breaking News: UK inflation hits 3-month high as energy & food pressures mount.UK inflation climbed to 3.3% in March, driven by surging energy and food prices amid geopolitical tensions. This reinforces a restrictive Bank of England policy outlook.

USD/JPY Price Forecast: Flirts with 100-hour EMA support, above 159.00 amid softer USD.USD/JPY Price Forecast: Flirts with 100-hour EMA support, above 159.00 amid softer USD

USD: Recovery restrained as conflict risk seen low – DBS.USD: Recovery restrained as conflict risk seen low – DBS

Another Round of TACO's for Everyone.Another round of TACO's for everyone. US President Trump first extended the ceasefire deadline from April 21 to April 22 before announcing later it would continue indefinitely until Iran offers a new, unified proposal “and discussions are concluded, one way or the other”.

Oil: Brent supported near USD100 on Hormuz risks – MUFG.Oil: Brent supported near USD100 on Hormuz risks – MUFG

UK CPI Hits 3.3% as Fuel Costs Drive Inflation Higher, Pipeline Pressures Build.UK inflation rose in March, with CPI rising from 3.0% yoy to 3.3% yoy, in line with expectations. On a monthly basis, prices increased 0.7% mom, slightly above forecasts of 0.6% mom, reflecting renewed upward pressure largely driven by energy-related components.

Pound Sterling faces pressure as UK core, services inflation cools down.Pound Sterling faces pressure as UK core, services inflation cools down

Mixed Reaction to Extended Ceasefire.The ceasefire in the Middle East has been extended, yes, despite Donald Trump's early threats that it was ‘unlikely' to be extended and that he would step up his aggressive stance in case of no deal. That is yet another proof that the US could be losing control in the region, and it's important to look past the noise that's injected in the markets by tweets or even official announcements, because they seem to carry an increasingly lighter weight.

Trump Extends Ceasefire.In Sweden, March labour market statistics is set to be published. Our forecast is that the unemployment rate will remain unchanged from February at 8.4%, seasonally adjusted, although LSF data is very volatile.

Oil Near $100 as Ceasefire Extension Prolongs Uncertainty Indefinitely.The ceasefire has been extended—but so has the uncertainty. Markets initially braced for escalation after US–Iran talks were cancelled, but sentiment quickly stabilized when US President Donald Trump announced an indefinite extension of the ceasefire.

Rupee falls with oil-sensitive Asia FX, central bank likely steps in.The Indian rupee weakened alongside other oil-sensitive Asian currencies, with expectations of central bank intervention to curb volatility and support the currency.

ECB's Kazaks says not in a rush to make a move on monetary policy.ECB's Kazaks says not in a rush to make a move on monetary policy

AUD/JPY Forecast: Drifts higher above 114.00, bullish momentum persists above 100-day EMA.AUD/JPY Forecast: Drifts higher above 114.00, bullish momentum persists above 100-day EMA

JP Morgan stays bearish on the Japanese yen amid higher energy prices.Even with the dollar's recent slump, the yen is unable to get off the floor too as Japan continues to suffer heavily from the Middle East conflict. The closure of the Strait of Hormuz is hitting Asian countries hard and Japan is one to be impacted quite badly in all of this.

Netherlands, The Consumer Confidence Adj dipped from previous -30 to -44 in April.Netherlands, The Consumer Confidence Adj dipped from previous -30 to -44 in April

Australian Dollar edges higher as Trump extends ceasefire with Iran.Australian Dollar edges higher as Trump extends ceasefire with Iran

GBP/JPY Price Forecast: Retains bullish bias below mid-215.00s/weekly top ahead of UK CPI.GBP/JPY Price Forecast: Retains bullish bias below mid-215.00s/weekly top ahead of UK CPI