GBP/USD held steady at 1.3514 as geopolitical tensions persisted, with UK inflation data in focus.
Dow futures rebound near 49,500 as Iran ceasefire extended; oil jumps; strong earnings lift stocks ahead data.
Russia’s producer prices jumped 2% month-on-month in March, up from 0.5% in February, indicating faster inflation.
Russia’s producer price index fell 7.8% year-on-year in March, accelerating from a 5.2% decline previously.
Russia’s industrial output grew 2.3% year-on-year in March, surpassing the 0.9% forecast, data showed.
AUD/USD rises near 0.7160 as risk sentiment improves; Fed steady-rate outlook and RBA inflation fears support Aussie.
USD/JPY consolidates near 159.30; Middle East tensions boost dollar, but lower yields and weak yen cap gains.
Gold pared gains amid US-Iran tensions despite ceasefire extension; higher-rate expectations limited recovery as talks remain uncertain.
GBP/USD steady at 1.3514 as US–Iran tensions persist; UK inflation meets forecasts, BoE hike odds rise.
SocGen expects ECB hold, then two hikes June and September; focus shifts to growth and core inflation.
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