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Asian stocks drop as US-Iran peace talks break, US closes Hormuz
Most Asian equity indexes are trading lower on Monday, as this weekend’s peace talks between the US and Iran ended without agreement, and US President Donald Trump affirmed that the US military will enforce a blockade in the Strait of Hormuz.Fxstreet
Mon, Apr 13
EUR/CAD caps near 1.6200 as Euro struggles due to risk-off mood
EUR/CAD holds position after paring its intraday losses, trading around 1.6200 during the Asian hours on Monday. However, the currency cross still remains in the negative territory as the Euro (EUR) struggles amid increased risk aversion after the failure of the United States (US)-Iran peace talks.Fxstreet
Mon, Apr 13
US President Trump: Blockade on Iranian Ports to begin officially on April 13 at 10:00 A.M. ET
United States (US) President Donald Trump confirms, through a post on Truth.Social, the blockade on ships entering to and exiting from Iranian ports will officially begin today, April 13, at 10:00 AM ET (14:00 GMT).Fxstreet
Mon, Apr 13
Hungary election: A landslide win for Magyar’s Tisza party, ending Orban’s 16-year rule
In a parliamentary election in Hungary on Sunday, Péter Magyar, leader of the nation’s center-right opposition Tisza party, defeated veteran incumbent Prime Minister Viktor Orbán in a landslide victory.
Fxstreet
Mon, Apr 13
US President Trump considers limited strikes on Iran after talks collapse - WSJ
Citing officials and people familiar with the situation, the Wall Street Journal (WSJ) reported on Monday that White House advisers are considering resuming limited military strikes in Iran along with the US blockade of the Strait of Hormuz as a way to break a deadlock in peace talks.
Fxstreet
Sun, Apr 12
Middle East War updates: US-Iran peace talks fail, Trump threatens to blockade Strait of Hormuz
Here’s all you need to know about the developments in the Middle East war that took place over the weekend, which is expected to have a significant impact on the markets in the upcoming week.Fxstreet
Sun, Apr 12
Malaysia: Solid GDP and contained inflation – DBS
DBS Group Research expects Malaysia’s 1Q26 advance Gross Domestic Product (GDP) to grow 5.5% year-on-year, slightly below 6.3% in 4Q25 but still robust. Growth is seen supported by export-oriented electrical and electronics manufacturing, global AI tailwinds, construction and domestic demand.Fxstreet
Fri, Apr 10
CNY: Trade normalization and growth risks – TD Securities
TD Securities expects China’s March exports to normalize after a strong Jan–Feb report, while imports could surprise on the upside as authorities stockpile key goods and commodities during the US–Iran conflict. Rising input costs may slow production and weigh on exports.Fxstreet
Fri, Apr 10
Fed’s Daly: If inflation stays elevated, we would hold steady
Mary Daly, President of the Federal Reserve (Fed) Bank of San Francisco, told Reuters in an interview on Friday that if Iran conflict is resolved quickly and Oil prices come back down, a rate cut may not be out of the question.Fxstreet
Fri, Apr 10
China: Growth risks skewed to upside in Q1 – Commerzbank
Commerzbank’s Dr. Henry Hao sees upside risks to China’s Q1 2026 GDP versus the bank’s 4.6% forecast, supported by resilient exports and front‑loaded public investment. Industrial production is projected to grow 5.5% year‑on‑year, while retail sales slow to 2.5%.Fxstreet
Fri, Apr 10
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