2026-04-08 Wednesday
2026-04-10
23:00:03
Canada's IPSOS Main Consumer Sentiment Index (PCSI) for April
Previous
:
49.37
Forecast
:
-
Published Value
45.59
Previous
23:00:03
Brazil's IPSOS Main Consumer Sentiment Index (PCSI) for April
Previous
:
52.24
Forecast
:
-
Published Value
49.22
Previous
23:00:02
Mexico's IPSOS Main Consumer Sentiment Index (PCSI) for April
Previous
:
53.05
Forecast
:
-
Published Value
54
Previous
23:00:02
The IPSOS Main Consumer Sentiment Index (PCSI) for the United States in April
Previous
:
53.33
Forecast
:
-
Published Value
49.95
Previous
22:31:43
The total U.S. DOE fuel ethanol production for the week ending April 3
Previous
:
107.50
Forecast
:
-
Published Value
111.60
Previous
22:31:43
U.S. DOE fuel ethanol inventories for the week ending April 3
Previous
:
2599.10
Forecast
:
-
Published Value
2605.30
Previous
22:31:25
US unleaded gasoline futures, the most active contract, just broke through the $2.9800/gallon mark, last trading at $2.9835/gallon, down 9.73% on the day; Nymex crude oil futures, the most active contract, just broke through the $95.00/barrel mark, last trading at $95.01/barrel, down 15.88% on the day; Brent crude oil futures, the most active contract, just broke through the $94.00/barrel mark, last trading at $94.11/barrel, down 10.71% on the day.
22:30:26
U.S. EIA Weekly distillate production changes for the week ending April 3
Previous
:
0
Forecast
:
-
Published Value
0.90
Previous
22:30:26
U.S. EIA Weekly gasoline production changes for the week ending April 3
Previous
:
-15.20
Forecast
:
-
Published Value
-21.40
Previous
22:30:26
Weekly changes in U.S. EIA refined oil imports for the week ending April 3
Previous
:
14.10
Forecast
:
-
Published Value
21.90
Previous
22:30:17
U.S. EIA Weekly heating oil inventory for the week ending April 3
Previous
:
-80.90
Forecast
:
-
Published Value
23.30
Previous
22:30:08
U.S. EIA Oklahoma - Cushing crude oil inventories for the week ending April 3
Previous
:
52
Forecast
:
-
Published Value
2.40
Previous
22:30:08
Weekly changes in U.S. EIA crude oil imports for the week ending April 3
Previous
:
-20.90
Forecast
:
-
Published Value
-75.80
Previous
22:30:06
The change in U.S. EIA gasoline inventories for the week ending April 3
Previous
:
-58.60
Forecast
:
-140.30
Published Value
-158.90
Previous
22:30:06
The weekly change in crude oil production in the United States as of April 3 according to the EIA
Previous
:
-21.90
Forecast
:
-
Published Value
-12.90
Previous
22:30:05
The change in U.S. EIA crude oil inventories for the week ending April 3
Previous
:
545.10
Forecast
:
70.10
Published Value
308.10
Previous
22:30:05
Changes in U.S. EIA distillate inventories for the week ending April 3
Previous
:
-211.10
Forecast
:
-152.30
Published Value
-314.40
Previous
22:30:05
The weekly change in new formula gasoline inventories in the United States as of April 3 according to the EIA
Previous
:
0.60
Forecast
:
-
Published Value
-0.80
Previous
22:30:04
Changes in equipment utilization rates of U.S. EIA refineries for the week ending April 3
Previous
:
-0.80%
Forecast
:
0.40%
Published Value
-0.10%
Previous
22:03:48
[UK Bond Yields Suffer Largest One-Day Drop in Three Years as Market Bets on Bank of England Rate Hike Halved] ⑴ Following the two-week ceasefire agreement between the US and Iran, UK gilt yields suffered their largest one-day drop in three years on Wednesday. The two-year gilt yield fell 25 basis points to 4.148%, the largest single-day drop since the collapse of Silicon Valley Bank in March 2023. ⑵ Investors reduced their bets on the Bank of England's rate hikes this year from 63 basis points on Tuesday to about 32 basis points, equivalent to expecting only one or two 25 basis point hikes. Five-year and ten-year gilt yields fell by about 20 basis points, also marking their largest single-day increase since 2023. ⑶ Since the outbreak of the conflict with Iran on February 28, UK gilt yields, which are sensitive to inflation prospects, have closely linked with oil prices. On Wednesday, oil prices plummeted 16% due to the promise to reopen the Strait of Hormuz. Investec's chief economist said that if the ceasefire continues and turns into a permanent end to the hostilities, the Bank of England may consider the risk of a second round of inflation to be limited, and the Monetary Policy Committee is expected to determine that raising interest rates is unnecessary and resume rate cuts from the beginning of 2027.
21:55:25
[Asian Oil Market Weak Across the Board: Fuel Oil Spreads Halved, Naphtha Plunges $170, Diesel Premiums Hit Three-Week Low] ⑴ Following the two-week ceasefire agreement between the US and Iran, the Asian fuel oil market softened on Wednesday. Both high-sulfur and ultra-low-sulfur fuel oil spot premiums fell, and near-month contract spreads narrowed significantly. The spread between April and May for 380-cst heavy fuel oil narrowed from over $43 to approximately $30, while the spread for ultra-low-sulfur fuel oil fell from over $60 to less than $40. ⑵ Asian naphtha prices fell sharply, following the decline in crude oil prices. Naphtha prices for delivery in the second half of May plummeted by approximately $170 to $1,100 per ton. Although the May-June cargo spread retreated from record highs, it remained at a high of $129 per ton. The naphtha-Brent crude oil crack spread was around $385 per ton, still at a multi-year high. (3) The Asian diesel market structure loosened for the third consecutive trading day, with both spot premiums and crack spreads hitting three-week lows. The 10ppm diesel crack spread fell to $54.7 per barrel, and the spot spread fell to $34.9 per barrel. Traders remained concerned about whether spot cargoes could pass smoothly through the Strait of Hormuz, limiting the overall price decline. (4) Shipping industry sources said that more shipowners may resume voyages through the Strait of Hormuz during the ceasefire, but most are still seeking further clarification of logistical arrangements, and the market will continue to face constraints from navigation uncertainty in the short term.
21:48:09
[US-Iran Ceasefire Triggers Collapse in Options Volatility, Market Unwinds Geopolitical Risk Premium] ⑴ On Wednesday, implied volatility in the foreign exchange market plummeted. The two-week ceasefire agreement between the US and Iran triggered a much-anticipated relief rally, unwinding the geopolitical risk premium that had accumulated in the currency market since late February. Oil prices fell, the dollar weakened, and risk appetite rebounded. ⑵ The 1-month implied volatility of the euro against the US dollar fell from 7.35 to 6.40, a decrease of 0.95 volatility points; the 1-month volatility of the pound against the US dollar also fell by 0.95 to 7.10; the volatility of the Australian dollar against the US dollar fell by 0.70 to 10.05 due to the rebound in risk appetite and reduced demand for downside protection. Risk reversal indicators fell significantly, with the 1-month 25-delta put option premium for the euro falling from 1.10 before the ceasefire to 0.60, well below the peak of 1.70 in early March. (3) The USD/JPY pair was an exception among major currency pairs, with its 1-month volatility falling only 0.40 to 8.45. This was because the yen's volatility had already fallen back to pre-conflict levels before the ceasefire, and persistently low realized volatility and a range-bound spot exchange rate limited downside potential. (4) In emerging markets, the USD/INR volatility retreated significantly, with the 1-week volatility falling from a recent extreme high of 11.50 to 8.25, and the 1-month volatility falling from 8.80 to 7.10. The USD/ZAR spot rate also fell, with the 1-month implied volatility falling from 15.5 to 14.0. Short-term options found some support after the initial decline, and remaining headline risks kept demand for gamma contracts active. The 2-week implied volatility is worth watching—this term covers the ceasefire expiry date but demand is extremely low, and a shift in market sentiment may be reflected here first.
21:46:32
[US Natural Gas Plunges to Seven-Month Low, Waha Spot Market Sets Record for 43 Consecutive Days of Losses] ⑴ US natural gas futures fell about 3% to a seven-month low on Wednesday, with the May contract on the New York Mercantile Exchange set at $2.774 per million British thermal units (MMBtu), a 3.3% drop, after a two-week ceasefire agreement between the US and Iran dragged down oil prices by 18%, weakening the overall energy sector. ⑵ In the spot market, the average price at the West Texas Intermediate (Waha) hub has been in negative territory for 43 consecutive days, setting a historical record. The year-to-date average is -$1.32 per MMBtu, while the full-year 2025 forecast is positive at $1.15. Pipeline capacity bottlenecks in the Permian Basin continue to constrain local natural gas production. ⑶ On the supply side, average daily production in the 48 contiguous US states has risen to 111.2 billion cubic feet since April, up from 110.4 billion cubic feet in March. On the demand side, mild spring weather led to low demand for both heating and cooling, and institutions expect inventories to be about 4.5% higher than normal levels in the week ending April 3. (4) Liquefied natural gas (LNG) exports remained strong, with average gas flows to the nine major export plants rising to 18.9 billion cubic feet per day since April, up from 18.6 billion cubic feet per day in March. Although the Iranian attack on Qatari facilities temporarily disrupted about 20% of global LNG supply, record US exports partially offset the global shortfall, and the market repriced geopolitical risk premiums after the ceasefire.
21:02:24
[EU and Canadian Leaders Welcome US-Iran Ceasefire] On March 8th local time, the EU website published a joint statement from French President Macron, Italian Prime Minister Meloni, German Chancellor Merz, British Prime Minister Starmer, Canadian Prime Minister Carney, Danish Prime Minister Frederiksen, Dutch Prime Minister Jeten, Spanish Prime Minister Sánchez, European Commission President Ursula von der Leyen, and European Council President Costa, welcoming the two-week ceasefire agreement reached between the United States and Iran. The statement thanked Pakistan and all relevant partners for their efforts in facilitating the agreement. The statement pointed out that the primary goal is to end the conflict swiftly and sustainably through negotiations in the coming days, and that this goal "can only be achieved through diplomatic means." The statement emphasized that all parties should expedite the reaching of a substantive negotiated solution to maintain regional security and avoid triggering a serious global energy crisis. The statement also indicated that all parties support current diplomatic efforts and are maintaining close communication and coordination with the United States and other partners. The statement further called on all parties to fully implement the ceasefire agreement, including arrangements concerning Lebanon. (CCTV News)
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