Monday 13 April 2026
The Mighty Headlines
Economics: Bank of Japan may boost yen to cut inflation
Business and markets: Stocks rose last week but are uncertain this week
Foreign Affairs: Hungary’s opposition leader wins national election
Security and intelligence: US to block Strait of Hormuz after Iran talks fail
Domestic politics: UK Gov funds work to reintroduce Golden Eagles
The Mighty Stats
FTSE = 10,600.53 (down 0.028%)
S&P 500 = 6,816.89 (down 0.11%)
Nasdaq = 22,902.90 (up 0.35%)
Stoxx 600 = 614.84 (up 0.37%)
£1 = $1.34 / €1.15
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The Mighty Detail
Economics: Japan’s trade minister, Ryosei Akazawa, has said that the Bank of Japan could increase interest rates in order to increase the value of the yen. This could in turn offset higher oil costs and curb rising prices for consumers.
Business and markets: The key stock market indices posted a weekly gain on Friday, following the ceasefire agreed between the US and Iran. The S&P rose by 3.6 per cent and the Nasdaq by 4.7 per cent.
The US blockade of the Strait of Hormuz, however, is likely to put pressure on the markets this week.
Brent crude futures were trading at around $94 a barrel on Friday.
Foreign Affairs: Hungary’s opposition leader, Peter Magyar, won yesterday’s national election. The turnout was a record 77.8 per cent. The result marks the end of Prime Minister Viktor Orban’s 16-year rule in Hungary. Who is Peter Magyar and what are his policies?
Magyar is a 45-year-old lawyer and former official in Orban’s Fidesz party, which he quit in 2024. His policies include:
1. Re-adjusting relations with the European Union
2. Shortening the terms of Orban allies, including the president, judges and the head of regulatory bodies
3. Improving healthcare and education
Security and intelligence: President Trump has said that the US will block the Strait of Hormuz after US negotiations with Iran broke down at the weekend. According to the US, Iran was unwilling in the negotiations to abandon its nuclear programme. The US blockade will prevent Iran from exporting its oil and the US will start destroying mines in the Strait.
Domestic politics: The UK Government has approved an additional £1 million of funding to explore the potential re-introduction of the Golden Eagle back to the UK. The last eagle died in the Lake District in 2016.
The Mighty Calendar
What’s happening today?
Pope Leo begins tour of Africa
IMF and World Bank Spring Meetings begin in Washington D.C.
UK House of Commons returns from Easter recess with Housing Questions
BMA doctors’ strike ends
Company results from: Goldman Sachs, LVMH
Lookahead to tomorrow
Holocaust Remembrance Day (Yom HaShoah)
Liverpool vs Paris Saint-German in Champions League quarterfinal
Health Questions in UK House of Commons
Company results from: Wells Fargo, JPMorgan, Citigroup, Blackrock, Johnson & Johnson
The Mighty Finale
🌤️Weather today
Light rain across most of England in early afternoon. Dry in the southwest. High of 15C and low of 4C in London. Light rain in Belfast and Edinburgh in the early afternoon.
✏️Life coaching quote of the day
“Our attitude toward life determines life's attitude towards us.” – Earl Nightingale, motivational speaker
Mighty takeaway: What you put out in your thoughts, attitudes, and emotions, you will receive in return.
That’s it for this Monday morning. Thanks for reading and we’ll see you on Wednesday.
Cheerio!
The Mighty Memo team
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