1 hour ago

China: Growth resilience and delayed easing – UOB

UOB economist Ho Woei Chen assesses China’s stronger 1Q26 Gross Domestic Product (GDP) data and its implications for policy. Despite real GDP rising 5.0% year-on-year, the team keeps its 2026 growth forecast at 4.7% due to external headwinds and weak domestic demand.
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2 hours ago

GBP/USD slips again as UK production data disappoints

GBP/USD gave up recent gains on Thursday, falling around 0.25% to settle close to 1.3525 after slipping back below the 1.3550 handle. Price drifted lower through the European and North American sessions in a steady grind rather than an impulsive move, with sellers leaning against intraday rallies.
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2 hours ago

NZD/USD pressured as Hormuz disruption fuel USD demand

The NZD/USD pair is trading with a muted tone around the 0.5890 area on Thursday, April 16, as the US Dollar (USD) continues to benefit from safe-haven flows driven by escalating geopolitical uncertainty and ongoing disruptions in global energy routes.
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