Wolf Money(world market review 6-12 Apr 2026)
(Image credit: middleeasteconomy.com) Market Summary 6-12 Apr 2026 *USA* -US-Iran end 21-hr peace talks without agreement; Trump says US to blockade ships crossing Strait of Hormuz -US annual inflation rate jumped to 3.3% in Mar, highest level since May 2024, vs 2.4% in Jan n Feb; up 0.9% MoM; US Core CPI gain 0.2% MoM, up 2.6% YoY -US GDP revised down to 0.5% in Q4, vs 0.7% previous estimate ± US PCE grew 0.5% or US$103.2bn MoM in Feb -US year-ahead inflation expectations rose to 4.8% in Apr, vs 3.8% in prior mth at 8-mth high -US personal income fell by 0.1% MoM in Feb, vs 0.4% increase in Jan -US Uni Michigan’s Consumer Sentiment Index plummeted 11% to historic low of 47.6 in early Apr -US energy prices surged 12.5% YoY in Mar, hits over 3-year high + US crude inventories up by 3.1m barrels -US S&P Global Services PMI Index declined to 49.8 in Mar + US Services PMI at 54% in Mar, vs 56.1% in Feb + US new orders for factory g...