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Germany: War-driven energy shock risks ECB hike – Commerzbank
Commerzbank’s Senior Economist Dr. Ralph Solveen notes that Germany’s inflation rate rose from 1.9% to 2.7% in March 2026 as energy prices surged due to the war in Iran, while core inflation stayed at 2.5%.
Fxstreet
Mon, Mar 30
GBP: Repricing risks into spring – Rabobank
Rabobank’s Senior FX Strategist Jane Foley notes that the Pound has been the second best performing G10 currency after the Dollar since the Middle East conflict, driven by a sharp repricing of Bank of England (BoE) policy expectations.
EUR/GBP
GBP/USD
Fxstreet
Mon, Mar 30
Eurozone: Inflation fears rise on war shock – ING
ING’s Chief Economist Bert Colijn highlights that Eurozone sentiment weakened in March as the Middle East war hit confidence. The economic sentiment indicator dropped from 98.3 in February to 96.6, with businesses and consumers more worried about inflation.
Fxstreet
Mon, Mar 30
NOK: Energy support and Norges Bank hawkish shift – MUFG
MUFG analysts note that NOK has outperformed most European peers during the Middle East conflict, supported by Norway’s energy exporter status and a hawkish repricing of Norges Bank policy.
USD/NOK
Fxstreet
Mon, Mar 30
Germany annual CPI inflation jumps to 2.7% in March
Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), climbed to 2.7% in March (preliminary estimate) from 1.9% in February, Germany's Destatis reported on Monday. On a monthly basis, the CPI rose by 1.1% following the 0.2% increase recorded in February.
Fxstreet
Mon, Mar 30
INR: RBI clampdown offers only brief respite – Societe Generale
Societe Generale analysts note the INR rallied over 1% after RBI intervention and new limits on banks’ net open FX positions, but the currency remains down 4% this month amid heavy FPI outflows.
Fxstreet
Mon, Mar 30
Trump says US holding talks with new regime in Iran, warns of strikes if deal fails
US President Donald Trump said on Monday that the United States (US) is engaged in “serious discussions” with what he described as a “new and more reasonable regime” in Iran, while warning that Washington could launch massive strikes on the country’s key energy infrastructure if a deal is not reache
Fxstreet
Mon, Mar 30
EUR: Sentiment weakens as Dollar holds highs – BNY
BNY’s Head of Markets Macro Strategy Bob Savage points out that the Euro has been under pressure, with EUR/USD near 1.15 as EU and Euro area economic sentiment indices fall further below 100.
EUR/USD
Fxstreet
Mon, Mar 30
Brent: War premium drives gains – Danske Bank
Danske Research Team highlights that escalating Middle East tensions and US policy signals are lifting Oil prices, with Brent Crude trading near 115 USD/bbl in early Asian dealings.
Fxstreet
Mon, Mar 30
Iran warns against linking Ukraine war to Iran-US-Israel tensions
Iran’s Foreign Ministry spokesperson Esmail Baghaei delivered several statements on Monday reported by Reuters, warning against what he described as a “catastrophic miscalculation” in attempts to link the war in Ukraine to the conflict involving Iran, the United States and Israel.
Fxstreet
Mon, Mar 30
India Cumulative Industrial Output climbed from previous 4% to 4.1% in February
India Cumulative Industrial Output climbed from previous 4% to 4.1% in February
Fxstreet
Mon, Mar 30
India Industrial Output registered at 5.2% above expectations (4.7%) in February
India Industrial Output registered at 5.2% above expectations (4.7%) in February
Fxstreet
Mon, Mar 30
India Manufacturing Output increased to 6% in February from previous 4.8%
India Manufacturing Output increased to 6% in February from previous 4.8%
Fxstreet
Mon, Mar 30
ECB: Policy flexibility returns in 2026 – TD Securities
TD Securities strategists Julie Ioffe and James Rossiter argue that the ECB faces a more benign backdrop in 2026 than in 2022.
Fxstreet
Mon, Mar 30
Belgium Consumer Price Index (YoY) climbed from previous 1.45% to 1.65% in March
Belgium Consumer Price Index (YoY) climbed from previous 1.45% to 1.65% in March
Fxstreet
Mon, Mar 30
Belgium Consumer Price Index (MoM) declined to 0.12% in March from previous 0.54%
Belgium Consumer Price Index (MoM) declined to 0.12% in March from previous 0.54%
Fxstreet
Mon, Mar 30
Greece Producer Price Index (YoY) climbed from previous -3.7% to -1.7% in February
Greece Producer Price Index (YoY) climbed from previous -3.7% to -1.7% in February
Fxstreet
Mon, Mar 30
Eurozone Consumer Confidence in line with forecasts (-16.3) in March
Eurozone Consumer Confidence in line with forecasts (-16.3) in March
EUR/USD
Fxstreet
Mon, Mar 30
United Kingdom M4 Money Supply (YoY) up to 3.6% in February from previous 3%
United Kingdom M4 Money Supply (YoY) up to 3.6% in February from previous 3%
Fxstreet
Mon, Mar 30
United Kingdom Net Lending to Individuals (MoM) above forecasts (£5.6B) in February: Actual (£6.8B)
United Kingdom Net Lending to Individuals (MoM) above forecasts (£5.6B) in February: Actual (£6.8B)
Fxstreet
Mon, Mar 30
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