SocGen sees mildly restrictive Fed, possibly hawkish SEP, boosting dollar; oil shock lessening; dissent risks; higher PCE.
US index futures rose ahead of Fed decision; Dow and S&P led rebound, VIX watched near warning.
Sterling held near 1.3350 as markets awaited BoE and Fed decisions and key UK labour data.
Gulf conflict-linked disruptions tighten aluminium supply; Hormuz risks loom, prices and premiums surge amid worsening global deficits.
MUFG says Canadian dollar resilient on oil support; BoC likely holds; weak jobs; USD/CAD range-bound unless conflict/oil surge.
South Africa’s retail sales increased 4.2% year-on-year in January, beating the 2.5% forecast and expectations significantly.
Eurozone harmonised consumer prices rose 0.6% in February, below 0.7% forecast, signalling weaker inflation.
Eurozone core HICP inflation held at 2.4% year-on-year in February, matching forecasts and signaling steady underlying prices.
Eurozone harmonised consumer prices rose 1.9% year-on-year in February, matching forecasts and indicating steady annual inflation.
Oil price shocks drive inflation and often precede recessions; central banks now respond proactively, raising growth risks.
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
