Brazilian economists raised their forecasts for the Selic interest rate for 2026 and 2027 due to a spike in oil prices caused by the Iran conflict. The energy price surge has increased inflation concerns, prompting rate hikes to stabilize the economy. The central bank’s decision reflects ongoing efforts to control inflation amid global energy volatility.
Capital Group's Noriko Chen states that inflation is unlikely to significantly impact the global economy, describing current market disruptions as temporary and mainly related to short-term energy supply issues. She emphasizes that although inflation may rise, it will not have a major effect on economic growth, reflecting a cautious outlook as of April 2026.
MTR Corp Ltd. launched its first Hong Kong dollar public bond offering on Tuesday, marking a significant development in the local debt market. This move follows a recent surge in borrowing activity in Hong Kong, reflecting increased investor interest and a growing appetite for local currency debt amid favorable market conditions.
China's aluminum output surged in March, reaching a two-year high, driven by rerouted cargoes from Middle East smelters. This shift reflects global supply chain adjustments amid geopolitical tensions, boosting China's production capacity and influencing international aluminum markets. The increase underscores China's strategic role in the metal's global supply chain and potential price impacts.
Apple has announced that John Ternus will become CEO on September 1, replacing Tim Cook, who will transition to chairman. This leadership change marks a significant shift in Apple's executive structure, with Cook moving from CEO to chairman. The announcement was made in April 2026, highlighting a key development in the company's corporate governance.
Iran believes that prolonging negotiations will increase its leverage, according to Defense Priorities’ Rosemary Kelanic. She stated in a Bloomberg TV interview that Tehran is in no rush to reach a deal, despite both sides wanting an agreement. The strategy suggests Iran is banking on time working in its favor, with no specific dates or amounts mentioned.
South Korean stocks reached a record high, driven by chipmakers and renewed AI optimism, on April 21, 2026. The rally was also supported by increased confidence in a potential US-Iran peace deal, boosting investor sentiment. The stock index's surge reflects positive macroeconomic trends and growing enthusiasm for AI-related sectors in the region.
