Posted at 15 April 2026 / Categories Market Roundups
Market Roundup
•US ADP Employment Change Weekly: 39.30K, 26.00K previous
•US PPI (MoM) (Mar): 0.5%, 1.1% forecast, 0.5% previous
•US Core PPI (MoM) (Mar): 0.1%, 0.4% forecast, 0.3% previous
•US PPI ex. Food/Energy/Transport (YoY) (Mar): 3.6%, 3.5% previous
•US PPI (YoY) (Mar): 4.0%, 4.6% forecast, 3.4% previous
•US PPI ex. Food/Energy/Transport (MoM) (Mar): 0.2%, 0.5% previous
•US Core PPI (YoY) (Mar): 3.8%, 4.2% forecast, 3.8% previous
•US Redbook (YoY): 7.0%, 7.6% previous
•Japan Unemployment Rate (Mar): 2.7%, 2.9% previous
•Japan Core Machinery Orders (YoY) (Feb): 24.7%, 8.5% forecast, 13.7% previous
•Japan Core Machinery Orders (MoM) (Feb): 13.6%, -1.1% forecast, -5.5% previous
Looking Ahead Economic Data (GMT)
•No Data Ahead
Looking Ahead Events And Other Releases (GMT)
•No Events Ahead
Currency Forecast
EUR/USD : The euro strengthened on Tuesday as dollar eased as investors grew optimistic that a peace deal between the U.S. and Iran could be on the horizon, while a reading on U.S. inflation came in cooler than expected.U.S. President Donald Trump said talks to end the Iran war could resume in Pakistan over the next two days, after the collapse of weekend negotiations prompted Washington to impose a blockade on Iranian ports.The dollar extended declines after data from the U.S. Labor Department showed the Producer Price Index (PPI) for final demand rose 0.5% last month, short of the estimate of economists polled by Reuters calling for a 1.1% ?increase, after a downwardly revised 0.5% ?gain in February.In the 12 months ?through March, the PPI advanced 4.0% after increasing 3.4% in February.European Central Bank (ECB) President Christine Lagarde said on Bloomberg TV that the ECB had not made its mind up on whether to raise interest rates as the ?fallout of the Iran war on the euro zone's economy is still unclear. Immediate resistance can be seen at 1.1841(Higher BB), an upside break can trigger rise towards 1.1900(Psychological level).On the downside, immediate support is seen at 1.1768(38.2%fib), a break below could take the pair towards 1.1756(Daily low).
GBP/USD: The pound firmed against the dollar on Tuesday as investors sold safe-haven dollar on expectations that the United States and Iran would continue negotiations to end the conflict in the Middle East . Investors have grown increasingly optimistic that a peace deal between the U.S. and Iran could be on the horizon, as recent signals from both sides suggest a willingness to re-engage in diplomatic talks.U.S. crude tumbled 7.11% to $92.04 a barrel and Brent slumped to $95 per barrel, down 4.39% on the day.Britain’s reliance on energy imports has left the pound under persistent pressure throughout the conflict, as surging oil and gas prices have worsened the country’s trade balance and increased inflation risks.Upcoming UK data releases, including February GDP, industrial production, and the trade balance (due April 16), will be closely monitored for signals on whether the economy is holding up or losing momentum Immediate resistance can be seen at 1.3510(50%fib), an upside break can trigger rise towards 1.3531(Higher BB).On the downside, immediate support is seen at 1.3373(61.8%fib), a break below could take the pair towards 1.3220(SMA 20).
USD/CAD: The Canadian dollar strengthened to a three-week high against its U.S. counterpart on Tuesday as optimism about a diplomatic solution to the conflict in the Middle East weighed on the greenback. The safe-haven U.S. dollar declined for a seventh straight day against a basket ?of major currencies. The price of oil was down 6.9% at $92.25 a barrel. Oil is one of ?Canada's major exports but its recent surge has raised the outlook for inflation globally. Canadian Prime Minister Mark Carney secured a parliamentary majority for his Liberal government on Monday, a win that he ?has said will help him deal more effectively with ?the U.S.-led ?trade war. The loonie was trading 0.2% ?higher at 1.3760 per U.S. dollar, or 72.67 U.S. cents, after ?touching its strongest intraday level since March 24 at 1.3732..Immediate resistance can be seen at 1.3795(Daily high), an upside break can trigger rise towards 1.3836(SMA 20).On the downside, immediate support is seen at 1.3736(38.2%fib), a break below could take the pair towards 1.362(Lower BB)
USD/JPY: The U.S. dollar slipped lower on Tuesday as investors looked past a U.S. blockade on Iran's ports to the prospect of an eventual resolution to the conflict.U.S. President Donald Trump said the U.S. military began a blockade of ships leaving Iran's ports on Monday, but added that Iran had been in touch and wanted to make a deal.The series of comments "has brought some relief to the markets, as it has renewed the possibility of a diplomatic resolution. The yen found added support from potential intervention risks as USD/JPY tested the 160 level, previously associated with action by Japanese policymakers.Meanwhile, BOJ Governor Kazuo Ueda highlighted the importance of monitoring the economic impact of the Iran conflict, cautioning that higher oil prices may dampen Japan’s growth prospects. Immediate resistance can be seen at 159.21(SMA 20) an upside break can trigger rise towards 160.00(Psychological level) .On the downside, immediate support is seen at 158.73(38.2%fib) a break below could take the pair towards 158.08(Lower BB).
Equities Recap
European shares closed at a one-month high on Tuesday as investors welcomed signs of renewed Middle East peace talks, though gains were capped by warnings from companies like LVMH about potential war-related fallout.
UK's benchmark FTSE 100 closed up by 0.25 percent, Germany's Dax ended up by 1.27 percent, France’s CAC finished the day up by 1.12 percent.
The Nasdaq rose 2% and the S&P 500 gained 1%, finishing near a record close as optimism over a potential Middle East resolution lifted sentiment, while investors also digested recent bank earnings and U.S. inflation data.
Dow Jones closed up by 0.66 percent, S&P 500 closed up by 1.18 percent, Nasdaq settled up by 1.96 percent.
Commodities Recap
Gold prices gained 2% on Tuesday as the U.S. dollar weakened, while optimism over a possible resumption of U.S.–Iran talks also supported bullion by easing inflation concerns and boosting risk sentiment.
Spot gold was up 2% at $4,831.78 per ounce by 1:34 p.m. ET (1734 GMT). U.S. gold futures settled 1.7% higher at $4,850.10.
Oil prices fell on Tuesday as markets reacted to hopes that Iran may resume talks with the U.S. and Israel aimed at ending the conflict that has disrupted shipping through the Strait of Hormuz.
Brent crude futures settled at $94.79 a barrel, down $4.57, or 4.6%. U.S. West Texas Intermediate crude finished at $91.20, down $7.80, or 7.87%.