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NEWSMAKER-Hungary's Orban faces pivotal battle against ally-turned-foe
Nationalist eurosceptic Orban has led Hungary since 2010Polls suggest his Fidesz party will lose April electionHungary's weak economy hampers his re-election bidOrban has backing of Trump, some European conservativesEU, other critics accuse him of authoritarianism By Gergely Szakacs BUDAPEST,...Reuters
Wed, Mar 25
US current account deficit contracts sharply in the fourth quarter
WASHINGTON, March 25 (Reuters) - The U.S. current account deficit narrowed sharply in the fourth quarter, hitting the lowest level in nearly five years, amid a rise in primary income and a reduction in the goods trade deficit partly because of tariffs on imports. The Commerce Department's Bureau...Reuters
Wed, Mar 25
RPT-US mortgage rates hit highest since October as war keeps bond yields up, MBA says
March 25 (Reuters) - The interest rate on the most popular U.S. home loan surged by the most in 11 months last week to the highest since October as rising oil prices from the war in Iran fanned inflation fears, forcing up yields on the Treasury bonds most influential to mortgage rates.The Mortgage B...Reuters
Wed, Mar 25
Cintas raises annual sales, profit forecasts on strong demand
March 25 (Reuters) - Uniform retailer Cintas CTAS.O raised its annual forecasts for revenue and profit on Wednesday, betting on resilient demand for its workplace essentials and facility services.The company also beat Wall Street estimates for third-quarter revenue, benefiting from employment growth...Reuters
Wed, Mar 25
ECB's Lagarde opens door to rate hikes if Iran conflict pushes up inflation
Lagarde says inaction may be hard to communicateLane flags selling prices, wages as keyInvestors expect multiple ECB rate hikes this yearMounting signs that Iran crisis is hurting the economyRehn says ECB should look beyond oil pricesBy Balazs Koranyi and Francesco Canepa FRANKFURT, March 25 (Reu...Reuters
Wed, Mar 25
Brazil opens up $2.9 billion of credit for exporters hit by Middle East tensions
SAO PAULO, March 25 (Reuters) - Brazil's government has issued an executive order establishing 15 billion reais ($2.87 billion) in credit lines managed by state development bank BNDES [RIC:RIC:BNDES.UL] to support companies hit by geopolitical instability, it said on Wednesday.The package is aim...Reuters
Wed, Mar 25
ECB: Hawkish shift with energy-driven inflation – ABN AMRO
ABN AMRO economists revise their Eurozone outlook after the Iran-related energy shock, expecting weaker growth but notably higher inflation. They now see the European Central Bank (ECB) hiking twice in Q2, front‑loading tightening to prevent second‑round effects.Fxstreet
Wed, Mar 25
US import prices post largest gain in nearly four years in February
WASHINGTON, March 25 (Reuters) - U.S. import prices increased by the most in nearly four years in February as energy costs surged in anticipation of conflict in the Middle East, adding to signs that inflation is poised to accelerate in the months ahead. Import prices jumped 1.3% last month, the larg...Reuters
Wed, Mar 25
