Grantham

Politics The European Union will postpone by 90 days the entry into force of countermeasures against US tariffs, which were due to take effect on 15 April, European Commission President Ursula von der Leyen announced on 10 April. In this way the EU responded to US President Donald Trump's announceme

The latest monthly Consumer Expectations Survey by the European Central Bank showed on Tuesday that Eurozone inflation is seen notably higher for the year ahead in March. Key takeawaysInflation expectation over the next 12 months rose 0.3 percentage points in March to 2.9%; the highest level since A

The Pound Sterling rebounds against its major peers after the UK ONS reported upbeat Retail Sales data for March.Traders are confident of a 25 bps interest rate reduction by the BoE in May.De-escalation in the US-China trade war has supported the US Dollar. The Pound Sterling (GBP) bounces back agai

WTI prices edge higher but remain poised for a weekly loss, driven by the prospect of increased OPEC+ output.Several member nations are expected to push for a second straight month of accelerated production hikes in June.A potential ceasefire and easing of sanctions could increase Russian Oil export

Sales Shoot Up In March The spring selling season for home builders is off to a better than expected start. New home sales rose 7.4% in March, while February sales were revised slightly higher. The jump looks owed to slightly lower mortgages, which temporarily dipped in March before climbing higher

GBP/JPY attracts sellers for the second straight day as safe-haven demand boosts the JPY.The divergent BoJ-BoE policy expectations exert additional downward pressure on spot pricesA bearish USD lends some support to the GBP and might help limit further losses for the cross. The GBP/JPY cross meets w

EU mid-market update: Focus on ECB rate decision; TSMC earnings beat; New OpenAI models deliver unprecedented. Notes/observations - Trade jitters persist as a drag on risk appetite, even after President Trump hailed “big progress” in Tokyo talks – granting Japan’s Economy Minister Akazawa a 50-minut

USD/CAD trades flat around 1.3955 in Wednesday’s early Asian session. The BoC is expected to hold interest rates steady on Wednesday. Trump said the auto industry could get exemptions from tariffs. The USD/CAD pair holds steady near 1.3955 during the early Asian session on Wednesday. The upside for

A break above 1.1275 could trigger further rally; the levels to monitor are 1.1350 and 1.1400. In the longer run, Euro (EUR) is likely to rally further; the levels to monitor are 1.1400 and 1.1450, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Levels to monitor are 1.1400 and 1.1450 24

Important News for this day 11th, 08:00 CET UK Gross domestic product. 11th, 14:30 CET US Producer prices index. 11th, 16:00 CET US prelim consumer sentiment. EU trade policies The President of the EU commission also stated that further tariffs on the import of US products will be delayed by 90 days