United Kingdom S&P Global Construction PMI above forecasts (43.9) in March: Actual (45.6)

Apr 8, 2026

WTI Crude Oil steadies near $90.00 after a ceasefire-led sell-off

Crude prices tumbled on Wednesday after the announcement of a two-week ceasefire in the Iran war. The price of the US benchmark West Texas Intermediate (WTI) barrel plunged more than 15% from Tuesday’s highs above $106.00 to consolidate around $90.00 at the time of writing.

DXY: Retreat extends but floor holds – ING

ING’s Chris Turner notes that risk assets are rebounding after the Iran ceasefire, with higher equities, a bullish steepening in yield curves and broad currency gains against the US Dollar (USD).