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OECD: Iran war erases global growth upgrade, fans inflation
OECD forecasts global GDP growth at 2.9% in 2026, 3.0% in 2027G20 inflation projected 1.2 pts higher in 2026, reaching 4.0%U.S. growth to moderate from 2.0% in 2026 to 1.7% in 2027Euro area growth cut to 0.8% in 2026 due to high energy costsBy Leigh Thomas PARIS, March 26 (Reuters) - The escalati...Reuters
Thu, Mar 26
Bank of Japan may raise rates by June as Iran war fuels inflation, its ex-top economist says
By Leika Kihara and Takahiko Wada TOKYO, March 26 (Reuters) - The Bank of Japan is likely to raise interest rates by June, as rising oil costs from the Iran war heightens the chance of being too late in addressing the risk of too-high inflation, its former top economist Seisaku Kameda said on Thu...Reuters
Thu, Mar 26
Wall Street bonuses surge 9% to record $49.2 billion in 2025, NY comptroller says
By Tatiana BautzerNEW YORK, March 26 (Reuters) - Bonuses for Wall Street executives jumped 9% to a record $49.2 billion in 2025, according to an estimate from New York State Comptroller Tom DiNapoli published on Thursday. The average bonus climbed 6% to $246,900 as dealmakers, traders and wealth man...Reuters
Thu, Mar 26
Iran war could trigger financial systemic stress, ECB vice president warns
FRANKFURT, March 26 (Reuters) - Euro zone banks have limited direct exposure to the war in the Middle East, but the conflict could still generate systemic stress given interconnected vulnerabilities, European Central Bank Vice President Luis de Guindos said on Thursday.Financial markets have come un...Reuters
Thu, Mar 26
Iran conflict threatens to stall Germany's economic growth, IMK says
BERLIN, March 26 (Reuters) - A prolonged Iran war could bring German economic growth close to a standstill this year, the IMK institute said on Thursday.If the conflict in the Middle East drags on or escalates, gross domestic product would grow by just 0.2%, the Macroeconomic Policy Institute (IMK) ...Reuters
Thu, Mar 26
PRECIOUS-Gold drops more than 1% as markets assess Mideast ceasefire prospects
Gold slips after gaining for two straight sessionsIran reviewing U.S. proposal to end the Gulf war Brent oil prices climb back above $100 a barrelMarkets see no chances of Fed rate cut this yearBy Noel John March 26 (Reuters) - Gold prices fell on Thursday, weighed down by increased expectations ...Reuters
Thu, Mar 26
Norges Bank: Policy rate seen on hold at 4% with upside risk – Danske Bank
Danske Research Team expects the central bank of Norway, Norges Bank (NB) to keep its policy rate unchanged at 4% at the upcoming meeting, reflecting Middle East-related uncertainty and volatile energy prices.
Fxstreet
Thu, Mar 26
GBP/USD: Mild downside within mixed outlook – UOB
UOB economist analysts Quek Ser Leang Lee and Sue Ann report that GBP/USD traded softer, closing at 1.3366 after a narrower 1.3359–1.3436 range than expected. They see mild downward pressure intraday, though a move to 1.3320 is unlikely.
Fxstreet
Thu, Mar 26
