Market 04/29: Fed Holds Rates as Expected

In case you missed our recent top stories:

• WHY IS THE UAE REQUESTING A U.S. SWAP LINE?

• U.S. Aviation Q1/2026: Sold Out, But Profitless

• Canada Economic Outlook 2026

• U.S. Banks Q1/2026: Start of a New Cycle

• Private Credit: Not 2008 - But the Most Dangerous Since 2008

• UK: Is Lack of Investment Destroying the Economy?

• French Economy: Impoverished by Pensions?

• Is Manufacturing Returning to the U.S.?

• Wall Street Journal - Introducing New Services

Key highlights:

• FOMC: Rates held at 3.50% – 3.75%

• U.S.-Iran: Blockade until deal reached

• U.S. sanctions 35 individuals and entities trading with Iran

• Canada holds rates at 2.25% as expected

• U.S. becomes the world's largest oil exporter

• 30-year mortgage rates rose slightly

• March housing data: Mixed results

• Positive March durable goods orders

• US requests halt of exports to Hua Hong

• White House drafts plan to ease restrictions on Anthropic

• Visa: Payment volume surges

• Robinhood: Missed expectations due to weakening crypto revenue

• SOFI: Strong revenue but no guidance raise

• Market: All eyes on big tech earnings