Turkey Current Account Balance registered at $7.501B above expectations ($-7.5B) in February.Turkey Current Account Balance registered at $7.501B above expectations ($-7.5B) in February

Turkey Current Account Balance came in at $-7.501B, below expectations ($-7.5B) in February.Turkey Current Account Balance came in at $-7.501B, below expectations ($-7.5B) in February

BoJ's Ueda: Rising oil prices worsen Japan's trade.BoJ's Ueda: Rising oil prices worsen Japan's trade

Weekend's Developments Push Brent Crude Prices (June Contract) Back Above $100/b.Talks between the US and Iran failed this weekend. The diametrically opposed US 15-point plan and Iran's 10-point version turned out to be a weak foundation after all.

Markets Calm as Oil Price Holds Below Crisis Levels, Dollar Gains but Lacks Conviction.Markets stayed composed in early trading, with oil holding below crisis levels despite renewed tensions around the Strait of Hormuz. Brent crude climbed toward $105 after US-Iran talks in Islamabad ended without a breakthrough, yet the absence of panic buying signals that traders are not pricing a full supply shock.

First Light News: US-Iran Talks – Both Sides Leave Empty-handed.Senior officials from the US and Iran met over the weekend for their first high-level direct talks in almost five decades – 21 hours of negotiations that ended without a deal.

Shift of Power in Hungary – US Set to Block the Strait of Hormuz This Afternoon.Tensions in the Middle East continue to take focus, as uncertainty surrounding the two-week cease-fire gains momentum after no deal was reached in the talks over the weekend.

US President Trump: Blockade on Iranian Ports to begin officially on April 13 at 10:00 A.M. ET.US President Trump: Blockade on Iranian Ports to begin officially on April 13 at 10:00 A.M. ET

AUD/JPY hovers around 112.50 after paring latest losses.AUD/JPY hovers around 112.50 after paring latest losses

US president Trump reaffirms blockade on Iranian ports starting from later today."The United States to Blockade Ships Entering or Exiting Iranian Ports on April 13 at 10:00 A.M. ET. Thank you for your attention to this matter!

Canadian Dollar pares losses vs USD as rallying oil prices counter hawkish Fed bets.Canadian Dollar pares losses vs USD as rallying oil prices counter hawkish Fed bets

Oil surges on US blockade of Iran.A look at the day ahead in European and global markets from Tom Westbrook

Hungary election: A landslide win for Magyar's Tisza party, ending Orban's 16-year rule.Hungary election: A landslide win for Magyar's Tisza party, ending Orban's 16-year rule

Oil Hits $105 but No Panic as Reality of Hormuz Blockade Falls Short of Headlines.Oil prices climbed back toward $105 after the latest escalation around the Strait of Hormuz, but markets have stopped well short of panic pricing. Despite strong headlines around a US “total blockade” of the Strait of Hormuz following inconclusive US-Iran talks in Islamabad, the response has been controlled rather than explosive.

investingLive Asia-Pacific FX news wrap: US-Iran talks fail. Trump to blockade Iran trade.Oil prices surged and the dollar strengthened on haven demand after US–Iran talks failed and President Trump announced a US naval blockade linked to the Strait of Hormuz. The move initially triggered sharp market concern over a potential disruption to global shipping and energy flows.

Natural Gas News: Short-Covering Rally Risk Emerges in Weak Market.Natural gas futures stay weak on mild weather and rising inventory, but oversold conditions raise short-covering rally risk as traders stay alert.

WTI Price Forecast: Rallies to $98 as Trump aims to blockade Hormuz.WTI Price Forecast: Rallies to $98 as Trump aims to blockade Hormuz

Rupee relief rally to stall as oil soars on US-Iran talks collapse.The Indian rupee is set to come back under pressure on Monday after a two-week relief rally, weighed down by ​a jump in oil prices following the failure of Washington and ‌Tehran to reach a deal to halt the war.

Bank of Korea governor nominee vows to respond to excessive won weakness.The Bank of Korea's governor nominee said it would be necessary to ​respond properly if the won fell excessively, in written remarks he ‌submitted on Monday to parliament ahead of a parliamentary confirmation hearing on Wednesday.

USD/JPY Price Forecast: Strength beyond 160.00 awaited amid bullish technical setup.USD/JPY Price Forecast: Strength beyond 160.00 awaited amid bullish technical setup

Hungarian forint jumps after Orban's election defeat.The Hungarian forint sharply extended recent gains on Monday, making an almost three-year peak on the euro, as investors bet on a ​boost for the economy from the stunning defeat of veteran nationalist Viktor ‌Orban at the ballot box.

Indian rupee back to tracking oil, flows; bond traders look to RBI.The Indian rupee's direction this week is likely to revert to being driven by oil prices and equity flows, with support from central bank rule-linked flows now having faded, ​while bonds will be driven by oil and the Reserve Bank of India's actions.

EUR/JPY holds losses near 186.50 as US–Iran talks fail.EUR/JPY holds losses near 186.50 as US–Iran talks fail

New Zealand PSI Drops to 46.0, BNZ Sees Economy Nearing Contraction.New Zealand's services sector extended its downturn in March, adding to signs that the economy may be heading toward contraction. The BusinessNZ Performance of Services Index declined from 47.6 to 46.0, a level firmly in contraction territory and well below its long-term average of 52.8.

Recap - Orbán ousted as Hungary shifts toward EU alignment in election shock.Recapping this ICYMI earlier. Hungary's election removes a key EU disruptor, signalling a shift toward greater integration, policy alignment, and potential economic support flows from Brussels.

US Dollar Index hovers around 99.00 after paring latest gains.US Dollar Index hovers around 99.00 after paring latest gains

Japan 10-year yield hits 29-year high as oil surge lifts inflation fears.Japan's government bond market came under renewed pressure, with the benchmark 10-year yield rising to its highest level in nearly three decades as geopolitical tensions in the Middle East intensified. The move followed the collapse of US–Iran negotiations and the announcement of a US naval blockade targeting Iranian-linked shipping through the Strait of Hormuz, developments that triggered a sharp rise in oil prices and reignited inflation concerns globally.

Japan Money Supply M2+CD (YoY) increased to 2% in March from previous 1.7%.Japan Money Supply M2+CD (YoY) increased to 2% in March from previous 1.7%

Dollar strengthens as peace talks falter, US blockade of Iran's ports to begin.The dollar strengthened to the highest level in a week in ​a broad rally against most of its ‌peers in early Asian trade on Monday as peace talks between the U.S. and Iran broke down and the U.S. ​Navy prepared a blockade of Iranian ports.

Canadian Dollar falls further as USD haven demand counters WTI surge.Canadian Dollar falls further as USD haven demand counters WTI surge