http://www.dukascopy.com Market News and Analysis by Dukascopy Bank SA en-us www.dukascopy.com, all rights reserved info@dukascopy.com (Dukascopy Bank) Mon, 13 Apr 2026 13:58:46 +0000 http://www.dukascopy.com/static/images/og/6396.jpg https://www.dukascopy.com 1200 630 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss GBP/USD is showing early signs of a bullish reversal after an extended downtrend through February and March, highlighted by a clear breakout above a well-defined descending channel. Price is now trading above the 30-day SMA. Recent price action shows a strong upward move followed by consolidation around 1.34240, suggesting buyers are trying to establish support at this level. A drop Mon, 13 Apr 2026 12:52:02 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Viktor Orban's 16-year rule ended as Peter Magyar's centre-right Tisza party won a landslide two-thirds majority in a record-turnout election. Mon, 13 Apr 2026 12:30:04 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Super Micro launched an independent investigation after two employees and a contractor were indicted over server sales to China. Mon, 13 Apr 2026 12:18:55 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss The Goldman Sachs Group reported strong financial results for the first quarter of 2026, with net revenues of $17.23 billion and net earnings of $5.63 billion. The firm delivered earnings per share (EPS) of $17.55 and a return on equity (ROE) of 19.8%, while book value per share increased to $361.19. Performance was primarily driven by the Global Banking & Markets Mon, 13 Apr 2026 12:13:47 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss A sharp increase in margin borrowing is reshaping the risk profile of financial markets, according to newly updated data from the Financial Industry Regulatory Authority (FINRA). Covering the period from August 2023 through early 2026, the figures point to a sustained expansion in the use of credit by investors—far outpacing the growth of available cash and raising concerns about market Mon, 13 Apr 2026 11:32:58 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss For USD/SGD, the market is exhibiting a clear bearish structure following a sharp decline from above 1.2840 to around 1.2718, with both the 100 and 200 SMAs sloping downward and price trading below them, reinforcing negative medium- to long-term sentiment while also acting as dynamic resistance, as seen when a recent recovery attempt was rejected near the 1.2780 region. Mon, 13 Apr 2026 10:35:13 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Glencore acquired a 45% stake in a South Carolina aluminum recycling plant to secure its U.S. supply chain amid Middle East conflict disruptions. Mon, 13 Apr 2026 09:30:07 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Price of Gold climbed at a low pace in previous week, closing close to 4750.00. Economic Calendar Analysis Lower levels of volatility may be considered as a primary scenario, if no significant geopolitical events occur this week. XAU/USD short-term forecast For XAU/USD on the hourly chart, the market is currently trading around 4732.72 and reflects a neutral-to-slightly bullish recovery phase following a sharp Mon, 13 Apr 2026 07:57:09 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss EUR/USD saw significant increase in volatility closing above 1.17200 in the previous week. Economic Calendar Analysis Forward-looking implied volatility for this may depend on both fundamental data from the U.S. and the results of auctions for shorter-term U.S. Treasury bills. EUR/USD hourly chart analysis For EUR/USD, the current market structure shows a broadly bullish trend on the hourly timeframe, characterized by higher highs and Mon, 13 Apr 2026 06:38:45 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss China expanded its pilot free trade zones to 23 with the new Inner Mongolia Pilot FTZ. The 119.74 sq km zone across Hohhot, Manzhouli, and Erenhot aims to boost northward trade and logistics. Mon, 13 Apr 2026 06:30:05 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss PPI rose 0.5% in March, ending a 41-month drop. AI and commodity demand fueled the first YoY gain in 3 years as costs rebounded. Mon, 13 Apr 2026 03:30:06 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss American Airlines raised checked bag fees, with steeper hikes for basic economy, amid soaring jet fuel costs. New airport fees hit $50 for standard tickets and $55 for basic economy starting May 18. Fri, 10 Apr 2026 21:30:10 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Elon Musk's xAI filed a lawsuit to block Colorado's new AI regulations, arguing they violate free speech and force the Grok model to adopt state-aligned biases. Fri, 10 Apr 2026 18:30:05 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss TSMC's Q1 revenue jumped 35%, beating market forecasts on the back of surging AI chip demand. The results, driven by clients like Nvidia, as AI interest continues to offset weaker consumer electronics sales. Fri, 10 Apr 2026 15:30:05 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Price action suggests a transition from a bearish phase into a potential bullish breakout. From November to February, the pair moved steadily within an ascending channel, respecting support and resistance boundaries until peaking near 1.3800. After that, it shifted into a descending channel through February to early April, forming lower highs and lower lows as momentum cooled. Recently, however, price Fri, 10 Apr 2026 13:46:11 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss The Consumer Price Index for All Urban Consumers rose by 0.9% in March 2026, bringing the annual inflation rate to 3.3%. This increase was largely driven by a sharp rise in energy prices, which surged 10.9% during the month the biggest increase since 2005. Gasoline prices led this spike, jumping 21.2% and accounting for most of the overall CPI increase, Fri, 10 Apr 2026 13:05:13 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Treasury and Fed chiefs warned bank CEOs that Anthropic's Mythos AI can exploit major cyber flaws. Access is restricted to 40 firms to mitigate global risks. Fri, 10 Apr 2026 12:30:06 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss The recent Treasury auction for the 30-Year Bond, a reopening of the February 2056 series, demonstrated healthy market demand characterized by a solid 2.38x bid-to-cover ratio generated from $52.45 billion in tendered competitive bids against $21.97 billion accepted. Because investors required a high yield of 4.876%, which exceeded the stated 4.75% coupon interest rate, these bonds were sold at a Fri, 10 Apr 2026 12:08:56 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss According to national statistical data on industrial production in Italy, the seasonally adjusted industrial production index increased by 0.1% in February 2026 compared to January. Despite this slight monthly rise, the broader short-term trend remained negative, as the average index for the period from December 2025 to February 2026 declined by 0.4% relative to the previous three-month period. On a Fri, 10 Apr 2026 09:40:04 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss An investigation names Adam Back as Bitcoin's creator. He denies the claims, but AI analysis and writing patterns reinforce the theory regarding his identity. Fri, 10 Apr 2026 09:30:05 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss On the 4 hour chart, AUD/JPY has shifted from a prior downtrend into a strong bullish reversal after breaking out of a descending channel and rallying sharply from around 109.420. The price is now trending upward with a steep structure, holding above the rising 20-period SMA, which acts as dynamic support, while nearby horizontal support at 111.374 is a key Fri, 10 Apr 2026 09:01:12 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Bitcoin remains in a ascending channel, reflecting a steady and controlled uptrend. Price is currently around $71,926, trading in the upper portion of that channel, which is typically a bullish position but can also signal a short-term pause or mild pullback before continuation. Momentum is still strong, with price holding well above the 60-period SMA near $68,682, confirming trend strength despite Fri, 10 Apr 2026 07:10:58 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Britain hit a 14.4GW solar record as the UK's biggest solar farm, Springwell, won approval. It will power 180,000 homes in Lincolnshire. Fri, 10 Apr 2026 06:30:05 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss UniCredit warned that a Commerzbank tie-up could spark an exit of key staff and clients. The bank is pursuing a €35B all-share bid to lift its stake above 30%. Fri, 10 Apr 2026 03:30:06 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Treasury proposed AML and sanctions rules for stablecoin issuers under the GENIUS Act. The move treats firms as financial institutions to curb illicit finance. Thu, 09 Apr 2026 21:30:06 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Adam Back denied a NYT report unmasking him as Bitcoin's creator. Writing analysis and timelines linked him to the elusive 1.1M coin fortune. Thu, 09 Apr 2026 18:30:04 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss IRGC warns of a regret-inducing response as Israel strikes Lebanon. Nuclear disputes and fresh attacks on Gulf oil facilities threaten the fragile truce. Thu, 09 Apr 2026 15:30:05 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss CoreWeave expanded its AI cloud deal with Meta to $21B through 2032. Shares rose as the Nvidia-backed firm secures a massive commitment from the tech giant. Thu, 09 Apr 2026 13:27:58 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss According to the latest report from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, the U.S. trade deficit reached $57.3 billion in February 2026, marking a $2.7 billion increase from January. This gap widened as total imports rose to $372.1 billion (up $15.2 billion), outpacing exports, which grew to $314.8 billion (up $12.6 billion). The monthly deficit Thu, 09 Apr 2026 13:13:21 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss Vice Chair Philip Jefferson says rates are appropriately set despite inflation risks from oil and potential job market slowing. He remains confident the current 3.50%-3.75% policy stance can respond to economic shifts. Thu, 09 Apr 2026 12:30:07 +0000 https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/rss