South Africa Manufacturing Production Index (YoY) dipped from previous -0.7% to -2.8% in February.South Africa Manufacturing Production Index (YoY) dipped from previous -0.7% to -2.8% in February

Reality Check Hits Markets as Ceasefire Fragility Weighs, US PCE Data in Focus.The relief rally that swept through global markets on Wednesday has hit a significant roadblock this morning. As we move through the European session, the initial euphoria surrounding the US-Iran ceasefire is being replaced by a cold dose of reality.

The Upcoming Inflation Shock and What it Means for Traders.The financial world is holding its breath for this Friday, 10 April, when the U.S. Consumer Price Index (CPI) report is released. The Federal Reserve's (Fed) dual mandate—maximum employment and price stability—makes every CPI print a direct input into rate decisions, but this time, it is not just another data

US CPI report coming up tomorrow, what to expect?.Even though it will be a case of energy prices boosting headline inflation, core prices are also expected to see some spillover impact. And the main issue is that the longer the US-Iran conflict drags on, the deeper and more scarring it will be on consumer behaviour and business pricing in general.

WTI Crude Oil returns above $93.00 as concerns about the ceasefire grow.WTI Crude Oil returns above $93.00 as concerns about the ceasefire grow

Fed: FOMC minutes reinforce rate cut path risks – UOB.Fed: FOMC minutes reinforce rate cut path risks – UOB

AUD: Preferred G10 relief trade on de-escalation – OCBC.AUD: Preferred G10 relief trade on de-escalation – OCBC

Markets Today: Reality check hits markets as ceasefire fragility weighs, US PCE data in focus.The initial euphoria over the US-Iran ceasefire is replaced by caution as reports of potential breaches and Strait of Hormuz concerns cause European equities to retreat. Brent crude claws back ground to $97/bbl, suggesting an inflationary surge is "baked into" upcoming data and keeping two ECB rate hikes priced in.

DXY: Range anchored as Fed cut seen – BBH.DXY: Range anchored as Fed cut seen – BBH

Eurozone: Inflation impact from energy shock – Nordea.Eurozone: Inflation impact from energy shock – Nordea

AUD/JPY remains above 111.50 as higher oil prices weigh on Japanese Yen.AUD/JPY remains above 111.50 as higher oil prices weigh on Japanese Yen

BoJ's Ueda: Negative Real Rates Sustain Investment, Warns of Fiscal Crowding-Out Risks.Bank of Japan Governor Kazuo Ueda emphasized that monetary policy remains supportive, noting that real interest rates in Japan are still “clearly negative” and keeping financial conditions accommodative.

Greece Industrial Production (YoY) down to 1.8% in February from previous 5.3%.Greece Industrial Production (YoY) down to 1.8% in February from previous 5.3%

Spain 10-y Obligaciones Auction declined to 3.435% from previous 3.476%.Spain 10-y Obligaciones Auction declined to 3.435% from previous 3.476%

European Currencies Strengthen: Dollar Under Pressure Following Ceasefire News.European currencies posted solid gains, while the US dollar came under pressure amid easing geopolitical tensions following reports of a two-week ceasefire agreement between the United States and Iran. Reduced demand for so-called safe-haven assets acted as the primary driver, prompting a reallocation of capital flows towards risk-sensitive instruments and developed market currencies.

Brent Crude Price: Ceasefire Wipes Out the Geopolitical Premium.For several weeks, the oil market remained directly influenced by the US-Iran tensions. Threats to close the Strait of Hormuz kept Brent prices within the $97–110 range.

US Dollar Index (DXY) picks up to 99.00 with Iran's ceasefire into question.US Dollar Index (DXY) picks up to 99.00 with Iran's ceasefire into question

First Light News – The Uncertain Ceasefire: Truce Remains Tentative.Up ahead today is the US February PCE price index, which is the Fed's preferred measure of inflation.

Another case of he said, she said for markets?.After the more optimistic showing yesterday, markets are not quite following up on that so far today. Traders and investors are looking guarded as the fragile truce between the US and Iran looks like it could fall apart at any time.

Oil Prices Slide 17 Percent as War Premium Fades but Risks Remain.Crude oil prices dropped sharply as geopolitical risk premium unwinds, with markets reacting to easing Middle East tensions and shifting supply expectations. Razan Hilal, Market Analyst at FOREX.com, breaks down the key technical levels now driving crude oil, including critical support zones and upside scenarios tied to renewed conflict escalation.

Australian Dollar faces pressure as Iran truce uncertainty revives risk-off impulse slightly.Australian Dollar faces pressure as Iran truce uncertainty revives risk-off impulse slightly

EUR/JPY Price Forecast: Rebounds above 185.00 toward upper ascending channel boundary.EUR/JPY Price Forecast: Rebounds above 185.00 toward upper ascending channel boundary

US Dollar Forecast: DXY Rebound Signals Caution Despite Ceasefire Relief.The US Dollar Index rebounds after early losses as falling Treasury yields pressure USD, while ceasefire uncertainty keeps traders cautious.

GBP/JPY Price Forecast: Pound holds gains with 213.30 high in sight .GBP/JPY Price Forecast: Pound holds gains with 213.30 high in sight 

Crude Oil –09.04.2026.  Prices managed to hit a low around 86.88 yesterday while the market still holds chances for a trading zone. As we see over the chart, the market is facing a support zone at 86.10-84.20 which could give the chance for a trading zone towards the 93.00-60 resistance.

USD/JPY –09.04.2026.  The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95. Above 161.95 the market could enter a new uptrend wave with first target toward 163.80.

Dollar Might Enter a More Neutral Pattern.Markets experienced an impressive ‘relieve squeeze' after the US and Iran agreed to a two-week ceasefire that should allow for a more in-depth solution to the conflict. Visibility on how this process will develop and what it eventually might yield in the end remains low with US and Iranian starting points miles apart.

Austria Trade Balance increased to €-66.7M in January from previous €-1301M.Austria Trade Balance increased to €-66.7M in January from previous €-1301M

Natural Gas and Oil Forecast: Oil Plummets 19% on Ceasefire – Will WTI Hold $94.00?.WTI Crude stabilizes near $98 after a historic 19% plunge triggered by easing Middle East tensions. Discover why the 0.618 Fibonacci level is now the critical floor.

World Bank says risks to India's projected 6.6% growth in FY27 skewed to downside.Risks to ​India's projected growth ‌of 6.6% for the fiscal year 2026/27 are ​skewed to the ​downside even as ample ⁠foreign exchange buffers ​and a well-capitalised banking ​system help manage risks, the World Bank said ​on Thursday.