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UAE warns Hormuz disruption is “economic terrorism” as tensions rise and riseWSJ: China sees opportunity as Trump’s Taiwan stance raises uncertaintyChina

Summary:UAE ADNOC chief labels Hormuz disruption “economic terrorism” Strong escalation in geopolitical rhetoric Warns global consumers bear cost of disruptions Highlights

WSJ (gated) flags Taiwan risk as China tests Trump’s transactional policy stance.Summary:WSJ flags rising uncertainty in US Taiwan policy China sees

China EV exports surge as global demand accelerates despite trade risks. Summary: China vehicle exports up 61% YoY in Jan-Feb February

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. PBOC injects 224bn yuan in

Trump pushes for fast end to war while escalating pressure on IranSummary:Trump targeting 4–6 week timeline to end war Conflict seen

COSCO move signals Hormuz reopening — but not on equal terms.Summary:COSCO resumes container bookings to Middle East Services cover UAE, Saudi

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern

Oil climbs as ceasefire talk clashes with rising US ground-war signals.Earlier:US says two-thirds of Iran’s arms facilities destroyed in ongoing strikesSummary:Oil

Trump speaking:Iran is negotiatingIran wants a deal, but are scared to say soSays no one in Iran wants to be Supreme

Putin banned the export of gold bars weighing over 100 grams from the Russian Federation. As of May 1 2026. There

Trump-Xi summit reset for May as war delay reshapes geopolitical calendarSummary:Trump-Xi summit set for May 14–15 in Beijing Meeting delayed roughly

RBA warns energy shock risks unanchoring inflation as conflict clouds outlookSummary:RBA flags Middle East conflict as dual growth-inflation shock Financial conditions

Softer Australian CPI offers little relief as RBA seen hiking amid energy-driven risks. Earlier:Australia February CPI cools slightly, but energy shock

Energy shock splits policy outlook as ECB eyes hikes while Fed stays on holdSummary:Middle East conflict drives renewed energy-led inflation shock

Canadian Dollar Weakens on Oil Pullback as Markets Await Ceasefire Clarity

Loonie weakened as oil prices pulled back, with markets turning cautious while awaiting clarity on ceasefire negotiations between the US and

Ceasefire Hopes Lift Markets, FX Signals Skepticism Over Strait of Hormuz Reopening

Markets are turning cautiously positive as hopes build around a potential ceasefire that could reopen the Strait of Hormuz, easing the

Sterling Leads, Aussie Lags as PMIs Expose Uneven Stagflation Shock

Markets stayed cautious through the European session as a persistent “trust gap” around the Middle East conflict kept investors from fully

Dollar Resilient as ‘Trust Gap’ Offsets Peace Pivot

Dollar remained resilient as markets attempted to price in a tentative “peace pivot”, but with skepticism over its credibility limiting any

Markets Shift to ‘Trust but Verify’ Mode After Trump Pause Meets Iran Denial

Markets shifted into a “trust but verify” mode as sharp volatility unfolded following a sudden geopolitical pivot. Initial optimism surged after

Markets Enter Countdown Mode as US Ultimatum Raises Escalation Risks, AUD Leads FX Losses

Global markets are entering a critical countdown as tensions between the US, Israel, and Iran escalate ahead of a looming deadline.

Dollar Slides as ECB Out-Hawks Fed Amid Oil Shock and Rising Inflation Risks

Dollar had every reason to rally last week, but instead ended as the worst performer among major currencies. Sharp selloff in

Euro Gains on ECB Hike Bets but Lacks Breakout Without Policy Action

ECB rate hike expectations are gaining traction in markets, with growing speculation that tightening could begin as early as April. Major

Markets Stay Risk-Off But Dollar Loses Safe-Haven Edge

Markets remain firmly in risk-off mode, with US equities extending their selloff overnight and Asian markets staying under pressure. The backdrop

Yen Rallies on BoJ Hawkish Signal as USD/JPY Rejected at 160 Intervention Red Line

Central bank marathon ends with rate decisions from SNB, BoE, and ECB now behind market. Yen emerged as the strongest performer,

Risk Aversion Deepens as Fed Highlights Inflation Risks, Downplays Growth Impact

Risk aversion deepened across global markets as the combination of escalating energy conflict and a more inflation-focused Federal Reserve weighed on

Calm Breaks as Oil Spike and Inflation Shock Hit Markets Ahead of Fed

Markets traded in a subdued tone through most of the day, with investors largely sidelined ahead of the Federal Reserve’s policy

Markets Steady as War Fatigue Sets In, Focus Shifts to Fed and Global Central Banks

Markets were steady in Asian session today, with equities posting modest gains led by Japan, as investors showed signs of “war

Dollar Stalls as Oil Spike Fades, Markets Await Fed Guidance

The global markets are holding in limbo today as the initial surge in geopolitical risk faded and attention shifted back toward

Dollar Edges Higher as Renewed Middle East Strikes Revive Oil Risks

Dollar edged higher today as fresh Iranian strikes on UAE energy infrastructure revived concerns over global oil supply, tempering the cautious

Data source: FXStreet, Finance Magnates, DailyFX, Investing.com, Forexlive and Action Forex
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