Israel’s Ambassador to the United Nations (UN), Danny Danon, said in a CNN News interview on Friday that the Lebanon ceasefire extension "not 100%".
Japan's Finance Minister Satsuki Katayama warned that officials are in close contact around the clock with their US counterparts over speculative moves that are keeping the Japanese Yen (JPY) weak. Katayama confirmed that there are no plans to alter Japan's currency swap lines with the US.
EUR/USD steadies after three days of losses, trading around 1.1690 during the Asian hours on Friday. The pair remains flat as the US Dollar (USD) maintains its position as safe-haven demand increases amid persistent uncertainty surrounding the United States (US)–Iran conflict.
Brown Brothers Harriman’s (BBH) Elias Haddad reports that USD/PHP is trading just below its record high as higher crude Oil prices overshadow a hawkish Bangko Sentral ng Pilipinas (BSP) move.
Commerzbank analysts led by Charlie Lay note that Bank Indonesia (BI) kept the BI Rate at 4.75% for a seventh meeting but shifted to a more hawkish stance to support the Indonesian Rupiah (IDR).
BNY’s Geoff Yu highlights that higher energy prices and gas market stress have not yet pushed key ASEAN economies into unsustainable external deficits.
Standard Chartered economists Tommy Wu and Hunter Chan report that the Hong Kong SME Leading Business Index fell to 43.3 in Q2, reflecting weaker sentiment linked to higher Oil prices and Middle East tensions.
ING’s Senior Economist Min Joo Kang highlights that South Korea’s Gross Domestic Product (GDP) jumped 1.7% QoQ in 1Q26 on strong chip exports and AI-related investment, prompting an upgrade of the 2026 GDP forecast to 2.8% YoY.
UOB economists Julia Goh and Loke Siew Ting highlight that the Bangko Sentral ng Pilipinas (BSP) has started a new tightening cycle, lifting the Target Reverse Repurchase (RRP) rate to 4.50% and signalling further hikes.
DBS Group Research’s Philip Wee highlights that currency markets are consolidating as the April 28 War Powers Resolution deadline approaches, with USD/CNY flattening after an earlier relief rally.
Headlines indicating that Iranian Parliament speaker Mohammad Bagher Ghalibaf has resigned from the negotiating team, according to Israel N12 News, spurred risk aversion and sent Crude Oil prices sharply up in the American session on Thursday.
Rabobank’s Global Strategist Michael Every flags growing trade frictions between the United States (US) and Canada ahead of USMCA (United States–Mexico–Canada Agreement) talks.
The Iranian Parliament Speaker Ghalibaf has resigned from the negotiating team, according to Israel’s N12 News.
BNY’s Geoff Yu notes that Latin American (LatAm) currencies have been the standout Emerging Markets (EM) FX performers, with holdings remaining strong throughout the conflict and supported by attractive nominal and real rates.
Nomura analysts expect the European Central Bank (ECB) to keep the depo rate at 2.00% at the 30 April meeting and to maintain this level through Q4 2027.
Nomura analysts note that April Euro area PMIs point to stagflation risks as activity softens while price indices jump to highs last seen in 2022/23.
ING’s Francesco Pesole notes that the Norwegian Krone (NOK) has rallied sharply versus both US Dollar (USD) and Euro (EUR) in April, supported by resilient US equities and higher Oil prices.
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is holding relatively firm against a stronger US Dollar (USD), helped by resilient risk sentiment and record S&P 500 levels.