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A senior Iranian source said the US wants the Strait of Hormuz to reopen, but Iran will not open the strait for "empty promises".

2026-04-07

A senior Iranian source said the US wants the Strait of Hormuz to reopen, but Iran will not open the strait for "empty promises".

Other News
2026-04-07

Federal Reserve's Williams: Core inflation is expected to decline later this year.

Federal Reserve's Williams: Core inflation is expected to decline later this year.
2026-04-07

Analysts at TD Securities and Credit Agricole CIB expect the yuan to strengthen to 6.8 per dollar in the second quarter, defying its typical seasonal decline, supported by China’s economic recovery and resilience to the Iran war. The currency, usuall

Analysts at TD Securities and Credit Agricole CIB expect the yuan to strengthen to 6.8 per dollar in the second quarter, defying its typical seasonal decline, supported by China’s economic recovery and resilience to the Iran war. The currency, usually pressured by outbound tourism and dividend-related FX demand, has outperformed in 2026 after rising about 3% in Q1 against peers. Strategists including Eddie Cheung of Credit Agricole, Wee Khoon Chong of BNY and Alex Loo of TD Securities cited strong trade performance, a widening surplus, undervaluation and large oil and FX reserves as key supports, helping position the yuan as a regional haven despite external shocks.
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