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Last updated: April 12, 2026, 5:30 AM ET

Geopolitical Spillovers & FX Markets

The Reserve Bank of India sharply criticized foreign-exchange market makers for exacerbating rupee weakness during recent Middle East tensions, signaling continued regulatory scrutiny of arbitrage activities. This domestic pressure comes as key energy infrastructure has seen rehabilitation; Saudi Arabia announced the full restoration of its East-West pipeline capacity to 7 million barrels per day, easing concerns over Red Sea oil transport disruptions.

US Retail Brokerage & Digital Markets

In US equities, Robinhood disclosed it is actively excluding certain prediction markets from its platform due to heightened fears over potential manipulation and insider trading risks. The broker stated it remains intensely focused on compliance as it attempts to capture market share in these rapidly expanding digital speculative sectors, moving cautiously after earlier expansion efforts.