Goldman Sachs estimates 57% of Gulf crude output was offline in April. A Hormuz reopening could restore most supply within months, but tanker shortages and well damage may slow recovery. (Reuters with the info) Summary Goldman Sachs estimates around 14.5 million bpd of Gulf crude output, roughly 57% of pre-war supply, was offline in April Shutdowns are largely precautionary…
Gold steadies around $4,700 during the Asian session on Friday, above a nearly two-week low set the previous day, though the upside potential seems limited. The US Dollar pauses after a three-day rally, offering some support to the bullion. However, the US-Iran standoff, elevated Oil prices, renewed inflationary concerns, and less dovish Fed expectations act as a tailwind for…
Oil surged over 4% on Thursday as stalled US-Iran peace talks and Strait of Hormuz uncertainty rattled global markets, pushing equities lower while lifting the US dollar.
Trump threatens fresh UK tariffs unless London drops its 2% digital services tax on large US tech platforms. The levy raises £800m annually and has survived prior UK-US trade talks. Trump has threatened tariffs on the UK unless it scraps its Digital Services Tax The DST is a 2% levy on revenues from large digital platforms operating in the…
BNY’s Geoff Yu highlights that higher energy prices and gas market stress have not yet pushed key ASEAN economies into unsustainable external deficits. Bank Indonesia (BI) focuses on defending the Indonesian Rupiah (IDR) and strengthening the balance of payments, while the region as a whole still runs a modest trade surplus. Yu argues reserves should smooth volatility, with adjustment…
2026.04.23 2026.04.23 US Dollar Soars as US–Iran Tensions Fuel Safe-Haven Demand. Forecast as of 23.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As the conflict in the Middle East has escalated, the US dollar’s share of international payments has risen to its highest level since 2023. Strong demand for the greenback is emerging as a new bearish factor for the EUR/USD pair. Let’s analyze…
Iran’s formal refusal to join ceasefire talks sent oil surging nearly 7% and equities sharply lower, while strong U.S. data and Warsh’s Fed hearing supported the dollar.
I’m not sure if this is reflective of Trump doing his usual raging at the media or a sign that he’s increasingly hawkish. The market hasn’t taken it badly. For those people, fewer in number now than ever before, that are reading The Failing New York Times, or watching Fake News CNN, that think that I am “anxious” to…
BNY’s Geoff Yu notes that Latin American (LatAm) currencies have been the standout Emerging Markets (EM) FX performers, with holdings remaining strong throughout the conflict and supported by attractive nominal and real rates. However, he warns that if risk appetite broadens after the ceasefire, flows could rotate into cheaper APAC (Asia-Pacific) and EMEA (Europe, the Middle East, and Africa)…
2026.04.23 2026.04.23 Short-Term Analysis for Oil, Gold, and EURUSD for 23.04.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil prices are still rising. The article…
