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Keir Starmer to face UK parliament vote over claims he misled lawmakers – The Times
According to The Times, the United Kingdom (UK) House of Commons will vote on Tuesday on whether to launch an investigation through the Committee of Privileges to determine if Prime Minister Keir Starmer misled lawmakers over the appointment of former US ambassador Peter Mandelson.
Fxstreet
Mon, Apr 27
DXY: Rebound stalls below 100 – DBS
Philip Wee of DBS Group Research observes that the US Dollar (USD), as measured by the US Dollar Index (DXY), has lost upside momentum after an earlier rebound. The index has stalled around 99 following a decline from 100.6 to just under 98 earlier in April.Fxstreet
Mon, Apr 27
Equities: Policy signals and volatility context – HSBC
HSBC Asset Management notes that upcoming meetings of the Federal Reserve (Fed), European Central Bank (ECB and Bank of England (BoE) are unlikely to deliver policy changes, but guidance on inflation and growth will be closely watched.Fxstreet
Mon, Apr 27
EUR/CAD holds above 1.6000 as rising energy prices reinforce odds of cautious ECB stance
EUR/CAD moves little after two days of gains, trading around 1.6010 during the European hours on Monday. The currency cross may rise as the Euro (EUR) draws support from surging energy prices, which have strengthened expectations around the European Central Bank (ECB) cautious outlook.Fxstreet
Mon, Apr 27
Equities: US outpaces lagging Europe – Danske Bank
Danske Research Team reports that equities advanced last week, with a notable divergence emerging between regions and sectors. Strong earnings and higher Oil prices boosted technology and energy, benefitting US markets, while Europe lagged.Fxstreet
Mon, Apr 27
US Dollar Index declines below 98.50 as Iran offers US deal to reopen Strait of Hormuz
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.45 during the Asian trading hours on Monday. The DXY edges lower after reports that Iran offered the US a proposal for reopening the Strait of Hormuz.Fxstreet
Mon, Apr 27
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