Drift Protocol has entered into a strategic collaboration with Tether to support the reimbursement of funds stolen in an April 1 exploit.

Speaking to reporters outside of the White House on Thursday, US President Donald Trump made a series of statements surrounding the ongoing confrontation with Iran.

Standard Chartered Bank economists Madhur Jha and Ethan Lester assess how the Middle East conflict could affect global remittances.

Deutsche Bank economists Marc Schattenberg and colleagues discuss how higher Oil and gas prices linked to the Middle East conflict are weighing on the German economy.

The Dow Jones Industrial Average added about 90 points, or 0.2%, to climb above 48,500 on Thursday, as Wall Street extended its weekly rally on growing confidence that the US-Iran war is moving toward resolution.

The GBP/USD dropped by 0.17% on Thursday as US jobs data outshone UK Gross Domestic Product (GDP) data revealed during the European session. expectations for a peace deal between the US and Iran, keep the market mood upbeat. The pair trades at 1.3534 after reaching a high shy of the 1.36 handle.

West Texas Intermediate (WTI) US Oil rebounds on Thursday, gaining 2.50% to trade near $90.45 at the time of writing, after three consecutive days of decline.

Charles Schwab, a brokerage and investment company, announced on Thursday a phased launch of spot crypto trading offers, targeting its retail clients over the coming weeks.

USD/CAD trades with a negative bias on Thursday, extending losses for a fourth straight day as elevated Oil prices support the commodity-linked Canadian Dollar (CAD), even as the US Dollar (USD) strengthens against most of its peers.

United States (US) President Donald Trump just announced through Truth Social a 10-day ceasefire between Lebanon and Israel, to start on Tuesday at 5 pm Eastern time.

United States 4-Week Bill Auction climbed from previous 3.56% to 3.595%

The USD/JPY pair is trading near the 159.20 price region, having surged roughly 100 pips from its intraday low and posting modest daily gains as markets continue to digest developments in the Middle East and shifting expectations around central bank policy.

Stephen Miran, a member of the Federal Reserve (Fed), spoke in a moderated discussion about the United States (US) monetary policy at the Reinventing Bretton Woods Committee Global Macro Sessions in Washington, DC, on Thursday.

EUR/USD trades lower around 1.1770 on Thursday at the time of writing, down 0.24% on the day and bringing an end to a sequence of eight consecutive days of gains.

ING economist James Smith argues that recent UK GDP strength is likely overstated and expects UK growth to slow as inflation moves towards 4% and real wages fall. He highlights rising energy prices and weaker corporate pricing power as headwinds.

Colombia Retail Sales (YoY) registered at 10.9% above expectations (9.8%) in February

DBS Group Research economist Radhika Rao assesses early post-conflict data for India, highlighting stronger wholesale inflation and modestly higher CPI. She notes that the Wholesale Price Index is more sensitive to commodity and imported costs and is likely to rise further.

John Williams, President of the Federal Reserve (Fed) of New York, spoke in Midtown Manhattan on Thursday and said the Fed’s current interest-rate setting is well calibrated for an economy facing additional risks from the conflict in the Middle East.

BNP Paribas notes Latin American central banks are responding differently to renewed inflation risks. The easing cycle seems over in Chile and Peru, while Mexico’s central bank may deliver one last cut if Middle East tensions ease.

United States EIA Natural Gas Storage Change came in at 59B, above forecasts (55B) in April 10

USD/CHF edges higher on Thursday as the US Dollar (USD) stages a modest recovery after eight consecutive days of losses, putting pressure on the Swiss Franc (CHF). At the time of writing, the pair is trading around 0.7828, up nearly 0.11% on the day.

Standard Chartered economists Carol Liao, Shuang Ding and Hunter Chan note that China’s Q1 Gross Domestic Product (GDP) grew 5.0% year-on-year, above the 4.8% consensus, supported by strong exports and a rebound in fixed asset investment.

Silver (XAG/USD) trades slightly lower on Thursday, hovering around $78.60 at the time of writing, down 0.49% on the day.

United Kingdom NIESR GDP Estimate (3M) climbed from previous 0.3% to 0.6% in March

BNY’s Bob Savage notes that Japanese equities have reclaimed record highs, but international allocations to Japan and Japanese Yen (JPY) hedges have not fully normalized. JPY remains pressured by persistent foreign hedging and limited Japanese outflows.

ING’s Warren Patterson and Ewa Manthey note that Oil prices are drifting lower as markets price in a possible extension of the US–Iran ceasefire and renewed peace talks, even as physical supply tightens due to disrupted flows through the Strait of Hormuz.

United States Industrial Production (MoM) below forecasts (0.1%) in March: Actual (-0.5%)