Iran's ‌parliament speaker Mohammad Baqer Qalibaf said on Friday that two previously agreed measures, a ceasefire in Lebanon and the release of Iran's blocked assets, must be implemented before negotiations begin, according to Reuters.

TD Securities strategists Robert Both and Emma Lawrence note that Canadian labour markets showed a modest rebound in March, with 14k jobs added and the unemployment rate steady at 6.7%.

Commerzbank’s Volkmar Baur expects the Bank of Japan (BoJ) to deliver two further rate hikes in 2026, taking policy closer to a rising neutral rate and supporting a modest Japanese Yen appreciation versus Dollar (USD) and Euro (EUR) in the second half of the year.

American consumer confidence deflated in early April, as households grew more pessimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan.

Oscar Munoz and the TD Securities US macro team judge that, although core CPI surprised on the soft side and tariff pass-through moderated, it is too early for markets to extrapolate a dovish signal.

ING’s Senior Economist Min Joo Kang notes that the Bank of Korea kept its policy rate at 2.5% and stressed a data-dependent stance as inflation pressures rise and GDP growth projections weaken.

Commerzbank’s Bernd Weidensteiner notes that U.S. inflation jumped to 3.3% in March, driven mainly by higher gasoline prices linked to the war in Iran, while core inflation remains moderate.

United States Michigan Consumer Expectations Index: 46.1 (April) vs previous 51.7

United States UoM 1-year Consumer Inflation Expectations: 4.8% (April) vs 3.8%

United States Michigan Consumer Sentiment Index registered at 47.6, below expectations (52) in April

United States UoM 5-year Consumer Inflation Expectation increased to 3.4% in April from previous 3.2%

United States Factory Orders (MoM) came in at 0%, above expectations (-0.2%) in February

Royal Bank of Canada’s (RBC) Nathan Janzen notes that Canadian labour market conditions steadied in March, with a modest employment gain and an unemployment rate holding at 6.7%.

United Overseas Bank’s (UOB) economists Quek Ser Leang and Lee Sue Ann see USD/JPY edging higher in the near term after rebounding from oversold levels, but expects gains to be limited below 159.60.

Rabobank's Head of Macro Strategy Elwin de Groot argues that Hungary’s parliamentary election could have supportive implications for the Euro if Viktor Orbán loses power.

OCBC strategists Sim Moh Siong and Christopher Wong note New Zealand Dollar (NZD) has rallied on hawkish Reserve Bank of New Zealand (RBNZ) rhetoric and easing Oil risks, but warns markets may be overpricing tightening.

ING economists expect National Bank of Poland (NBP) rates to stay unchanged after April’s decision to hold the reference rate at 3.75%.

Danske Research Team underlines that Sunday’s Hungarian election could be crucial for European Union politics.

Statistics Canada reported on Friday that the Unemployment Rate helds steady at 6.7% in March, coming short of what markets were expecting.

United States Consumer Price Index Core s.a up to 334.165 in March from previous 333.51

United States Consumer Price Index ex Food & Energy (MoM) came in at 0.2%, below expectations (0.3%) in March

United States Consumer Price Index (MoM) meets expectations (0.9%) in March

United States Consumer Price Index ex Food & Energy (YoY) registered at 2.6%, below expectations (2.7%) in March

United States Consumer Price Index n.s.a (MoM) below forecasts (330.41) in March: Actual (330.21)

United States Consumer Price Index (YoY) meets forecasts (3.3%) in March

Canada Net Change in Employment came in at 14.1K, below expectations (15K) in March

Canada Unemployment Rate below forecasts (6.8%) in March: Actual (6.7%)

Canada Participation Rate remains unchanged at 64.9% in March

Standard Chartered Bank economists Saurav Anand and Anubhuti Sahay highlight a sharp slowdown in India’s new investment announcements in March, heavily affected by the Middle East conflict and sector-specific issues in renewable electricity and chemicals.

Mexico Industrial Output (YoY) came in at -1.3%, below expectations (-0.7%) in February