Monthly Archives: April 2026
41654156156Oil Rebounds as Fragile Ceasefire Faces Early Strains; U.S.–Iran Talks Set to Begin
Written on April 9, 2026 at 5:54 am, by pumarketings
Key Takeaways: *Oil prices rebound after sharp selloff as ceasefire uncertainty rises *Iran questions legitimacy of ceasefire terms, citing violations *Strait of Hormuz remains largely constrained, keeping supply risks elevated *U.S. to begin direct talks with Iran amid ongoing regional tensions Market Summary: Oil prices rebounded after recording their steepest one-day decline since April 2020,Continue Reading
Wall Street’s Ceasefire Rally Tests Durability as PCE Data Loom
Written on April 9, 2026 at 5:53 am, by pumarketings
Key Takeaways: *Wall Street surged sharply following the U.S.-Iran ceasefire, with major indices posting their strongest gains in months as oil prices plunged and risk sentiment improved. *Despite initial optimism, conflicting positions between Benjamin Netanyahu and Iran highlight ongoing tensions, with risks of renewed disruption to the Strait of Hormuz. *Markets now turn to theContinue Reading
Hawkish Hold Signals Vigilance as NZD Gains on Ceasefire Momentum
Written on April 9, 2026 at 5:28 am, by pumarketings
Key Takeaways: *The Reserve Bank of New Zealand kept the OCR at 2.25%, while emphasizing readiness to hike if inflation pressures become persistent. *Governor Anna Breman highlighted that energy-driven inflation could push near-term CPI higher, with risks of second-round effects shaping policy decisions. *The New Zealand dollar strengthened following the decision, supported by market confidenceContinue Reading
