What will move markets next week
April 10, 2026 @ 14:30 +03:00
The markets’ attention will, of course, be focused on the US-Iran talks. Donald Trump claims a total victory for the Americans and is demanding a windfall in the form of substantial sums of money. This is likely to be in return for allowing tankers to transit the Strait of Hormuz. For the time being, Iran is the one receiving this payment. Is Tehran prepared to share? For now, it is putting forward a 10-point plan for a peace agreement. At the very least, one of them – a non-aggression pact regarding Lebanon – is being violated by Israel.
Among the events on the economic calendar, releases of data on Chinese foreign trade, GDP, retail sales and industrial production are worth noting. Australia will publish employment statistics, which will help clarify the Reserve Bank’s stance. Does it intend to continue the cycle of monetary tightening that began in February and March?
Among US data, producer price statistics and import and export prices are worth highlighting. The data will help clarify the outlook for inflation. It is precisely this that the Fed is paying close attention to. According to the central bank, the chances of a slowdown in CPI and PCE are slim. This means that rates should be kept on hold, which supports the US dollar.
