Kevin Warsh, United States (US) President Donald Trump's nominee to replace Jerome Powell as the next chair of the Federal Reserve (Fed), will testify before the Senate Banking Committee on Tuesday.
Nomura analysts note that the fall in the United Kingdom (UK) unemployment rate to 4.9% hides underlying labour market weakness.
Societe Generale’s Kenneth Broux frames Kevin Warsh’s confirmation hearing as pivotal for US rates, with markets focused on potential changes to the Fed’s reaction function and implications for the long end of Treasury yields.
European Central Bank (ECB) Vice President Luis de Guindos said during the European trading session on Tuesday that the central bank sees private credit as one of the sources of risk to financial stability alongside high market valuations and loose fiscal policy in some countries, Reuters re
According to a report from Nikkei, the Bank of Japan (BoJ) is expected to leave interest rates unchanged at 0.75% in the monetary policy announcement on April 28.
Danske Research Team highlights that ECB President Christine Lagarde sees the economic fallout from the Iran war as not yet reaching the ECB’s adverse scenario.
United Overseas Bank’s (UOB) strategists Quek Ser Leang and Lee Sue Ann keep a neutral stance on EUR/USD after Monday’s gap lower and subsequent recovery. They see scope for a further rebound but expects gains to be capped near 1.1805, with 1.1840 as major resistance.
Here are key findings from the Bank of Japan’s (BoJ) Financial System Report
The United Kingdom’s (UK) ILO Unemployment Rate fell to 4.9% in the three months to February after reporting 5.2% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday.
The Zentrum für Europäische Wirtschaftsforschung (ZEW) will release its German Economic Sentiment Index and the Current Situation Index for April at 09:00 GMT later on Tuesday.
Asian equities rise on Tuesday amid hopes for a resolution to the Middle East conflict.
Japanese Finance Minister Satsuki Katayama said on Tuesday that the country’s government will continue to closely monitor financial markets and take measures if needed.
Gold price (XAU/USD) trades on a flat note near $4,825 during the early Asian session on Tuesday. The precious metal steadies amid renewed geopolitical instability in the Middle East.
New Zealand’s Consumer Price Index (CPI) climbed 3.1% YoY in the first quarter (Q1) of 2026, compared with the 3.1% increase seen in the fourth quarter of 2025, according to the latest data published by Statistics New Zealand on Tuesday.
Commerzbank’s Dr. Henry Hao argues China is better positioned than other Asian economies to withstand energy disruptions from Middle East tensions and Strait of Hormuz risks.
OCBC strategists Sim Moh Siong and Christopher Wong note USD/SGD rebounded sharply after Iran reclosed the Strait of Hormuz, reversing Friday’s drop to 1.2667.
UOB economists Julia Goh and Loke Siew Ting notes that Malaysia’s export momentum softened in March but the trade surplus widened to a one-year high. Strong Electrical and Electronics (E&E) shipments and re-exports supported exports, while imports were driven by capital goods.
BNP Paribas reports China’s Gross Domestic Product (GDP) growth at 5.0% year-on-year in Q1 2026 and for 2025 overall, with a moderate slowdown expected in 2026. The bank highlights a K-shaped pattern, with strong exports but weak domestic demand and a persistent property crisis.