Markets in ‘Geopolitical Purgatory': Is Oil Price at $100 Expensive or Cheap?.Markets are strikingly calm despite the breakdown in Islamabad talks, not because risks are low—but because nothing has been decided yet. With the US-Iran ceasefire deadline on April 22 still more than a week away, markets are stuck in “geopolitical purgatory,” pricing uncertainty rather than a definitive outcome.

HUF: Political shift boosts forint and EU ties – MUFG.HUF: Political shift boosts forint and EU ties – MUFG

Russia Foreign Trade fell from previous $6.597B to $5.353B in February.Russia Foreign Trade fell from previous $6.597B to $5.353B in February

USD/JPY: Ueda caution and Oil risks in focus – BNY.USD/JPY: Ueda caution and Oil risks in focus – BNY

BoE: Seen on hold as data soften – Societe Generale.BoE: Seen on hold as data soften – Societe Generale

Canada Building Permits (MoM) registered at -8.4%, below expectations (-0.5%) in February.Canada Building Permits (MoM) registered at -8.4%, below expectations (-0.5%) in February

US naval blockade said to not impede neutral transit to or from non-Iranian destinations.As mentioned earlier in the day, it's a case now that the Strait of Hormuz will be contested as the US navy takes up presence. The headline remark might sound nice but it doesn't mean that Iran is still not in control.

investingLive European markets wrap: Oil jumps up, risk dips after US-Iran talks collapse.There was much optimism last week riding on US-Iran negotiations over the weekend but it all came crashing down as the talks in Islamabad fell apart. Still, the feeling and reaction in markets today is that it could've been much worse.

Oil: Prices surge on Hormuz blockade threat – ING.Oil: Prices surge on Hormuz blockade threat – ING

Crude Surges 8%, DXY Jumps as US Naval Blockade Targets Iranian Oil Exports.The “Fear Trade” is back on the menu this Monday. Geopolitical tensions have hit a fever pitch after peace talks between the US and Iran in Pakistan ended in a stalemate.

Hopes for the Talks dashed, but Tensions Have Eased.The US dollar opened the week with a gap higher after US-Iran talks failed to end the conflict. Tehran refused to abandon its nuclear ambitions, whilst the United States intends to block its tankers from passing through the Strait of Hormuz.

Canada: Carney majority prospects and fiscal outlook – TD Securities.Canada: Carney majority prospects and fiscal outlook – TD Securities

Rupee falls most in two weeks as oil spikes on US move to blockade Iran ports.The Indian rupee endured its ​steepest fall in two ​weeks on Monday, as oil prices climbed past $100 per ​barrel, while supportive dollar flows for the currency, spurred by banks' unwinding of arbitrage positions, dissipated.

Pound Sterling underperforms peers on renewed Middle East war.Pound Sterling underperforms peers on renewed Middle East war

Pound weakens amid geopolitical tensions and energy price surge.The British pound declined against a broadly stronger US dollar on Monday as escalating geopolitical tensions between the United States and Iran  heightened market uncertainty. The move followed the breakdown of talks between Washington and Tehran, with US President Donald Trump announcing that the US Navy would begin blockading the Strait of Hormuz.

Sterling dips as US-Iran peace talks stall; energy prices surge.The British pound fell against a broadly stronger dollar ​on Monday after talks between Iran and the U.S. broke down and the ‌U.S. Navy said it would blockade the Strait of Hormuz, sending energy prices surging.

A softer risk mood to start the new week but the feeling is that it could've been worse.US-Iran talks collapsed over the weekend with there being no deal as both sides could not see eye to eye on a nuclear agreement. Iran is not letting up on their control over the Strait of Hormuz.

NOK: Rate path stays uncertain – Danske Bank.NOK: Rate path stays uncertain – Danske Bank

DXY: Range view holds after Hormuz shock – BBH.DXY: Range view holds after Hormuz shock – BBH

EUR/JPY slips as US-Iran talks collapse, higher energy prices boost BoJ tightening bets.EUR/JPY slips as US-Iran talks collapse, higher energy prices boost BoJ tightening bets

Rate hike bets increase after the failed US-Iran talks as energy prices remain elevated.The optimism that briefly buoyed global markets last week has vanished as traders firm up rate hike bets for major central banks following the collapse of the US-Iran peace talks in Islamabad this weekend. The breakdown of negotiations has reignited fears of a protracted conflict, ending the fragile hope that a resolution was within reach.

USD/JPY: Rapid rise targets 160.00 cap – UOB.USD/JPY: Rapid rise targets 160.00 cap – UOB

Natural Gas and Oil Forecast: WTI Jumps 9% to $104 as Blockade Fears Spark Supply Shock.WTI Crude rocketed to $104 as threats of a naval blockade in the Strait of Hormuz reignite supply fears. Discover the technical targets for the new bullish engulfing setup.

China new bank loans slow further in the first quarter this year.New yuan loans for the month of March came in at ¥2.99 trillion, missing on estimates of ¥3.4 trillion. That brings the total new bank lending in Q1 2026 to roughly ¥8.6 trillion.

US Dollar Index rebounds to 99.00 as oil price recovery prompts hawkish Fed risks.US Dollar Index rebounds to 99.00 as oil price recovery prompts hawkish Fed risks

ECB: Earlier hikes as core risks rise – Societe Generale.ECB: Earlier hikes as core risks rise – Societe Generale

WTI Crude Oil stalls below $98.00 with Iran peace hopes still alive.WTI Crude Oil stalls below $98.00 with Iran peace hopes still alive

BoJ Ueda Cites Dual Impact of Oil Prices, Keeps Markets Guessing on Next Rate Hike.Bank of Japan Governor Kazuo Ueda struck a cautious tone, warning that rising crude oil prices and instability in global financial markets could pose fresh risks to Japan's outlook. Speaking via remarks delivered by Deputy Governor Ryozo Himino, Ueda emphasized the need for “vigilance” as Middle East tensions intensify, noting that energy-driven shocks could disrupt both growth and inflation dynamics.

USD/JPY Rises for Third Day: Will There Be Yen Intervention or Not.USD/JPY rose to 159.73 on Monday. The Japanese yen has fallen for a third consecutive day due to a fresh surge in oil prices following the failure of the United States and Iran to reach an agreement at talks in Islamabad.

WTI Oil Price Jumps Above $100 on Fresh Geopolitical Turmoil.WTI oil price jumped on Monday, expressing strong concerns of market participants after peace talks between the US and Iran over the weekend failed.