ING strategist Frantisek Taborsky expects Central and Eastern European (CEE) FX to stay broadly stable this week despite volatile rates and global headlines.

TD Securities strategists Oscar Munoz and Eli Nir expect the Federal Reserve (Fed) to keep the Fed funds rate at 3.50–3.75% at the April Federal Open Market Committee (FOMC), with Chair Powell maintaining a neutral stance on future policy.

Rabobank’s Senior FX Strategist Jane Foley notes that earlier market surveys showed a strong chance of a Bank of Japan (BoJ) rate hike this week, but Governor Ueda’s lack of clear hints at IMF/World Bank meetings shifted expectations to June.

United States 2-Year Note Auction declined to 3.812% from previous 3.936%

United States 5-Year Note Auction declined to 3.955% from previous 3.98%

In a post on published on his Telegram account, Iran's Foreign Minister Abbas Araghchi said that United States (US) President Donald Trump is requesting negotiations because the US has not achieved any of its objectives.

Rabobank strategists Molly Schwartz and Christian Lawrence expect the Bank of Canada (BoC) to keep its overnight policy rate at 2.25% through year-end, with no change anticipated at the April 29 meeting.

Standard Chartered strategists Christopher Graham and John Davies expect the European Central Bank (ECB) to keep the deposit rate at 2.00% on 30 April, citing a wait‑for‑data stance as the Middle East conflict evolves.

United States Dallas Fed Manufacturing Business Index down to -2.3 in April from previous -0.2

Rabobank strategists reiterate its view that the Federal Reserve (Fed) is likely to cut rates again this year, even as United States (US) Treasury yields edge higher on persistent inflation concerns.

TradingKey - Global financial markets are set for a "Super Central Bank Week" this week, as five major central banks, including the Federal Reserve, the European Central Bank, and the Bank of Japan, a

According to The Times, the United Kingdom (UK) House of Commons will vote on Tuesday on whether to launch an investigation through the Committee of Privileges to determine if Prime Minister Keir Starmer misled lawmakers over the appointment of former US ambassador Peter Mandelson.

Commerzbank’s Rainer Guntermann argues that the ECB is likely to maintain a balanced hold this week, with April HICP data expected to show energy-driven headline inflation and a temporary dip in core.

Mexico Trade Balance s/a, $ up to $2.499B in March from previous $-1.09B

Mexico Trade Balance, $: $5.932B (March) vs $-0.463B

UOB strategists Suan Teck Kin and Alvin Liew assess how a potential Kevin Warsh Fed chairmanship could shape United States (US) monetary policy and the Fed funds rate.

Philip Wee of DBS Group Research observes that the US Dollar (USD), as measured by the US Dollar Index (DXY), has lost upside momentum after an earlier rebound. The index has stalled around 99 following a decline from 100.6 to just under 98 earlier in April.

HSBC Asset Management notes that upcoming meetings of the Federal Reserve (Fed), European Central Bank (ECB and Bank of England (BoE) are unlikely to deliver policy changes, but guidance on inflation and growth will be closely watched.

EUR/CAD moves little after two days of gains, trading around 1.6010 during the European hours on Monday. The currency cross may rise as the Euro (EUR) draws support from surging energy prices, which have strengthened expectations around the European Central Bank (ECB) cautious outlook.

Philip Wee at DBS Group Research discusses how Federal Reserve (Fed) leadership dynamics are influencing United States (US) markets and the US Dollar (USD).

Here is what you need to know on Monday, April 27:

Danske Research Team reports that equities advanced last week, with a notable divergence emerging between regions and sectors. Strong earnings and higher Oil prices boosted technology and energy, benefitting US markets, while Europe lagged.

Germany GfK Consumer Confidence Survey came in at -33.3, below expectations (-29.5) in May

The Indian Rupee (INR) holds onto weekly losses against the US Dollar (USD) at open on Monday.

Japan Coincident Index remains at 116.3 in February

Japan Leading Economic Index above forecasts (112.4) in February: Actual (113.3)

Singapore Industrial Production (YoY) climbed from previous -0.1% to 10.1% in March

Singapore Industrial Production (MoM) up to 4.7% in March from previous -7.2%

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.45 during the Asian trading hours on Monday. The DXY edges lower after reports that Iran offered the US a proposal for reopening the Strait of Hormuz. 

US President Donald Trump was swiftly escorted off the stage by Secret Service after possible shots were fired at the White House Correspondents’ Dinner in Washington, DC, on Saturday, CNN reported.