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Earnings
United States Net Long-Term TIC Flows below forecasts ($71.6B) in January: Actual ($15.5B)
United States Net Long-Term TIC Flows below forecasts ($71.6B) in January: Actual ($15.5B)
Fxstreet
Wed, Mar 18
United States Total Net TIC Flows down to $-25B in January from previous $44.9B
United States Total Net TIC Flows down to $-25B in January from previous $44.9B
Fxstreet
Wed, Mar 18
Argentina Unemployment Rate (QoQ) : 7.5% (4Q) vs 6.6%
Argentina Unemployment Rate (QoQ) : 7.5% (4Q) vs 6.6%
Fxstreet
Wed, Mar 18
Fed projects 50 bps of rate cuts in 2026 and 2027; lifts PCE inflation forecasts
The Federal Open Market Committee’s (FOMC) latest dot plot, released on Wednesday, indicates that interest rates will average 3.4% by the end of 2026, in line with the December projection.
Fxstreet
Wed, Mar 18
United States Fed Interest Rate Decision meets forecasts (3.75%)
United States Fed Interest Rate Decision meets forecasts (3.75%)
Fxstreet
Wed, Mar 18
CEE FX: Rate hike bets fading with risk-on – ING
ING’s Frantisek Taborsky notes that Central and Eastern European FX has benefited from improved global risk sentiment, even as elevated energy prices still imply some inflation.
USD/CZK
EUR/HUF
Fxstreet
Wed, Mar 18
BoC acknowledges slower growth while maintaining a tightening stance
The Bank of Canada (BoC) opted to keep its policy rate at 2.25%, as anticipated, though the accompanying statement reflected a more complex view, influenced by a dimmer growth forecast and the potential for inflation to climb in the near future.
USD/CAD
Fxstreet
Wed, Mar 18
LatAm: High carry with rising asymmetry risk – BNY
BNY’s EMEA Macro Strategist Geoff Yu highlights that Latin American sovereign bonds remain the best-held global segment, with holdings still about 14% above their 12‑month average and no underheld currencies in the region.
Fxstreet
Wed, Mar 18
BoC: Dovish hold with skew to easing – TD Securities
TD Securities strategists report that the Bank of Canada (BoC) kept its policy rate at 2.25% and dropped guidance that the current rate is appropriate.
Fxstreet
Wed, Mar 18
Bunds: Energy shock mix shapes ECB path – ABN AMRO
ABN AMRO’s Senior Fixed Income Strategist Larissa de Barros Fritz analyzes how different Oil and Gas shocks affect ECB expectations and Bund yields. She notes that demand-driven Oil shocks, speculative inventory moves, and supply disruptions each have distinct rate and curve impacts.
Fxstreet
Wed, Mar 18
Fed: Powell set to delay cuts – ING
ING’s Benjamin Schroeder expects the Federal Reserve (Fed) to keep rates unchanged at its March FOMC meeting as higher Oil prices and elevated inflation expectations constrain policy. He notes markets see no cut today, with the first reduction only fully priced by year-end.
Brent
Fxstreet
Wed, Mar 18
Canada: Spending data shows tentative resilience – RBC
Royal Bank of Canada (RBC) economists Rachel Battaglia and Abbey Xu report that Canadian cardholder spending improved modestly in February, even as consumers continued to reduce discretionary goods purchases.
Fxstreet
Wed, Mar 18
US issues 60-day waiver of Jones Act in an attempt to lower energy prices
The White House announced on Wednesday that they have issued a 60-day waiver of the Jones Act shipping law, per Reuters.
Brent
Fxstreet
Wed, Mar 18
United States Factory Orders (MoM) in line with forecasts (0.1%) in January
United States Factory Orders (MoM) in line with forecasts (0.1%) in January
Fxstreet
Wed, Mar 18
Canada BoC Interest Rate Decision meets forecasts (2.25%)
Canada BoC Interest Rate Decision meets forecasts (2.25%)
USD/CAD
Fxstreet
Wed, Mar 18
EM FX: Real rate support limits selling – BNY
BNY’s EMEA Macro Strategist Geoff Yu notes that Emerging Market FX carry trades remain resilient despite the Middle East conflict, with only INR and RON now underheld among 12 high-yielders.
Fxstreet
Wed, Mar 18
US headline Producer Prices rose by 3.4% YoY in February
US Producer Prices rose 3.4% in February from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). The print came in well above estimates (2.9%) and the 2.9% gain recorded in the previous month.
Fxstreet
Wed, Mar 18
US February PPI Surges Across the Board, Inflation Pressures Rise Again, Rate Expectations May Reprice
TradingKey - U.S. inflationary pressures are showing signs of heating up again. The latest data from the U.S. Labor Department shows that the February Producer Price Index (PPI) rose across the board and exceeded expectations, reinforcing market concerns over sticky inflation.
TradingKey
Wed, Mar 18
Fed: Dovish hold seen as reasonable – ING
ING economist Rogier Quaedvlieg argues that the latest energy shock, driven by the Strait of Hormuz closure, is a cost‑push shock that raises US inflation while weakening growth.
Brent
Fxstreet
Wed, Mar 18
Canada Foreign Portfolio Investment in Canadian Securities registered at $46.73B above expectations ($4.72B) in January
Canada Foreign Portfolio Investment in Canadian Securities registered at $46.73B above expectations ($4.72B) in January
Fxstreet
Wed, Mar 18
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