UK builders report biggest leap in cost inflation on record, PMI shows.British construction firms reported the biggest rise in cost inflation from one month to the next on record in March ​and the Iran war also hit new orders and confidence ‌in the sector, a survey showed on Wednesday.

DXY: Retreat extends but floor holds – ING.DXY: Retreat extends but floor holds – ING

Crude Oil –08.04.2026.  Crude Oil  dropped rapidly after the US and Iran agreed to a two-week ceasefire. 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 –08.04.2026.  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.

Natural Gas and Oil Forecast: Oil Crashes 16% as Ceasefire Ends Hormuz Supply Risk.WTI Crude crashes to $96 as a two-week ceasefire restores tanker traffic in the Strait of Hormuz. Discover if the $92 trendline support can hold this 16% sell-off.

Ceasefire Crash: Oil Tumbles 15% as US-Iran Deal Unwinds Global ‘Fear Trade'.After weeks of trading on the edge of a precipice, global markets have finally caught a break. In what can only be described as a classic “Trumpian” 11th-hour maneuver, a two-week ceasefire between the US and Iran has been reached, just hours before a deadline that threatened to set the Middle East and global energy markets ablaze.

USD/JPY Price Forecast: Symmetrical Triangle breakdown below 159.00 warrants more downside.USD/JPY Price Forecast: Symmetrical Triangle breakdown below 159.00 warrants more downside

USD: Market reprieve and Dollar risks – Rabobank.USD: Market reprieve and Dollar risks – Rabobank

GBP/JPY Price Analysis: Pound hits resistance in the 212.80 area.GBP/JPY Price Analysis: Pound hits resistance in the 212.80 area

FOMC Minutes in Focus: USD/JPY and USD/CAD Pull Back from Highs.The US dollar has shifted into a corrective phase following its previous rally, while market participants adopt a wait-and-see approach ahead of the release of the Federal Reserve's meeting minutes. The weakening of the dollar has already led to a moderate pullback in USD/JPY and USD/CAD from recent highs, reflecting profit-taking and reduced activity ahead of a key event.

RBI FX curbs on positions of banks, NDFs will not be permanent, governor says.The central bank's recent curbs on position limits of lenders and barring ​them from offering non‑deliverable forwards, aimed ‌at reining in rupee volatility, will not remain in place indefinitely, Governor Sanjay Malhotra said on Wednesday.

Ceasefire Crash: Oil tumbles 15% as US-Iran deal unwinds global 'fear trade'.A two-week US-Iran ceasefire has led to a massive relief rally in global markets, causing US Crude to tumble 15% and equities to surge. The de-escalation unwinds the "fear trade" and provides a cooling period for "War Inflation".

Markets Overnight Again Had to Cope With a TACO-Like U-Turn.Markets overnight again had to cope with a TACO-like U-turn regarding the conflict with Iran and the impact on the on energy supply affecting the global economy. Pakistan (PM Shehbaz Sarif) proposing a 10-point plan from Iran to the US apparently ‘convinced' the US not to start a devastating attack on Iranian infrastructure and to agree to a 2-week ceasefire.

Switzerland Unemployment Rate s.a (MoM) remains unchanged at 3% in March.Switzerland Unemployment Rate s.a (MoM) remains unchanged at 3% in March

Australian Dollar jumps on US–Iran ceasefire, traders await FOMC Minutes.Australian Dollar jumps on US–Iran ceasefire, traders await FOMC Minutes

French trade deficit widens in February ahead of the Middle East conflict.In February 2026, the French trade balance showed a sharp decline of €3.8 billion to reflect a deficit of €5.8 billion. That owes to a significant increase in imports by €2.6 billion and a decrease in exports of only €1.2 billion.

RBNZ to Tighten in September.The RBNZ kept the OCR unchanged at 2.25% as expected. There was no vote, with the decision reached by consensus.

Oil Tumbles Below USD 100/bbl on US-Iran Ceasefire Agreement.All focus this morning is on the ceasefire in the Middle East and the impact on energy prices. Markets will closely monitor any information released on expectations for oil and gas flows.

Germany Factory Orders n.s.a. (YoY) declined to 3.5% in February from previous 3.7%.Germany Factory Orders n.s.a. (YoY) declined to 3.5% in February from previous 3.7%

United Kingdom Halifax House Prices (MoM) came in at -0.5% below forecasts (0.1%) in March.United Kingdom Halifax House Prices (MoM) came in at -0.5% below forecasts (0.1%) in March

WTI Crude Oil Crashes as Traders Dump Risk Premium.WTI crude oil prices plunged in Asia on Wednesday as traders aggressively unwound geopolitical risk premium tied to Middle East tensions. The sharp move lower comes amid signs of easing conflict risks, triggering one of the most bearish sessions on record for oil prices.

US Dollar Index (DXY) Price Forecast: Struggles below 99.00, one-month low amid risk-on.US Dollar Index (DXY) Price Forecast: Struggles below 99.00, one-month low amid risk-on

Canadian Dollar gains as market sentiment improves after US-Iran ceasefire.Canadian Dollar gains as market sentiment improves after US-Iran ceasefire

India's central bank holds rates as Iran war upends economic outlook.The Reserve Bank of India kept its key policy rate ​unchanged on Wednesday as it awaits clearer evidence of the ‌impact from the Iran war on the South Asian nation's economy.

India RBI Interest Rate Decision (Repo Rate) in line with expectations (5.25%).India RBI Interest Rate Decision (Repo Rate) in line with expectations (5.25%)

India Reverse Repo Rate remains unchanged at 3.35%.India Reverse Repo Rate remains unchanged at 3.35%

Risk-on wave tides over markets as US, Iran agree to a two-week ceasefire.Well, here we go again. Another two-week ceasefire but this time around, it seems like there is a better feeling that the war is slowly winding down.

Pound Sterling advances as US-Iran ceasefire improves market sentiment.Pound Sterling advances as US-Iran ceasefire improves market sentiment

Japanese Yen surges against US Dollar as Trump confirms two-week ceasefire.Japanese Yen surges against US Dollar as Trump confirms two-week ceasefire

Iran ceasefire bolsters rupee as India's RBI prepares to hold rates.The Indian rupee was poised to strengthen on Wednesday after a two-week ceasefire agreed between Iran and the US triggered a sharp fall in oil prices and lifted risk sentiment across Asian markets. The truce prompted the reopening of the Strait of Hormuz and offered oil-importing India a significant measure of relief after weeks of surging energy costs that had pushed the rupee to multi-month lows.