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BoC: Dovish stance versus market pricing – TD Securities
TD Securities strategist Andrew Kelvin notes that the Bank of Canada (BoC) is stressing downside risks to growth and appears willing to look through an energy-driven inflation shock.
Fxstreet
Wed, Mar 25
POLL-ECB still set to hold interest rates through 2026, most economists say
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=EUECBD%3DECI ECB interest rate forecastsBy Indradip Ghosh BENGALURU, March 25 (Reuters) - The European Central Bank is still expected to hold interest rates steady in 2026, a Reuters poll of economists showed, although over a thi...
Reuters
Wed, Mar 25
ECB: Divergent energy shock response scenarios – Nomura
Nomura analysts note that markets currently price around three rate hikes for the European Central Bank (ECB) by December 2026, implying a similar response to the Iran war energy shock as the Bank of England (BoE).
Fxstreet
Wed, Mar 25
Germany: Recovery prospects delayed – Deutsche Bank
Deutsche Bank economist Marc Schattenberg notes that the ifo Business Climate Index deteriorated in March as German businesses turned more pessimistic on expectations, while their assessment of current conditions was unchanged.
EUR/USD
Fxstreet
Wed, Mar 25
India M3 Money Supply dipped from previous 11.5% to 10.7% in March 2
India M3 Money Supply dipped from previous 11.5% to 10.7% in March 2
Fxstreet
Wed, Mar 25
US company CFOs saw a solid economic outlook, at least until war broke out, Fed survey shows
By Howard SchneiderWASHINGTON, March 25 (Reuters) - U.S. corporate finance chiefs' outlook for the economy improved over the first months of the year, at least until the outbreak of the U.S.-Israeli war on Iran, with executives expecting to increase employment amid solid revenue growth, though w...
Reuters
Wed, Mar 25
Italy's growth outlook darkens due to Iran conflict, business lobby says
By Gavin JonesROME, March 25 (Reuters) - Italy's economy will grow by 0.5% this year, the country's main business lobby Confindustria forecast on Wednesday, cutting its previous 0.7% estimate made in October and warning of strong downside risks if the conflict in Iran drags on.Gross domestic...
Reuters
Wed, Mar 25
United States MBA Mortgage Applications climbed from previous -10.9% to -10.5% in March 20
United States MBA Mortgage Applications climbed from previous -10.9% to -10.5% in March 20
Fxstreet
Wed, Mar 25
Sportswear brand On Holding names co-founders as new CEOs
March 25 (Reuters) - On Holding ONON.N said on Wednesday co-founders David Allemann and Caspar Coppetti will take over as co-CEOs from May 1, as Martin Hoffmann steps down after guiding the upstart Swiss sportswear brand through a blockbuster public listing.The change at the helm comes when the 15-y...
Reuters
Wed, Mar 25
Pakistan delivered US proposal to Tehran – Reuters
Citing a source, who asked not to be named, Reuters reported on Wednesday that Pakistan has delivered the United States' proposal to Iran.
Fxstreet
Wed, Mar 25
ECB: Wait-and-see for second-round effects from energy shock – TD Securities
TD Securities notes that President Lagarde used the ECB and Its Watchers conference to outline how the Governing Council is assessing the Middle East conflict shock. The bank says the ECB is effectively playing for time, watching selling price expectations and wage trackers.
Fxstreet
Wed, Mar 25
Italy's growth outlook darkens due to Iran conflict, business lobby says
ROME, March 25 (Reuters) - Italy's economy will grow by 0.5% this year, the country's main business lobby Confindustria forecast on Wednesday, cutting its previous 0.7% estimate made in October and warning of strong downside risks if the conflict in Iran drags on.Gross domestic product in th...
Reuters
Wed, Mar 25
BoE: War-driven inflation outlook reshapes rate path – Nomura
Nomura’s Global Markets Research team notes UK CPI inflation held at 3.0% year-on-year in February, matching Bank of England (BoE) forecasts. Services inflation stayed sticky, but core measures eased slightly.
GBP/USD
Fxstreet
Wed, Mar 25
Euro zone bond yields fall as oil price softens on hopes of Middle East ceasefire
LONDON, March 25 (Reuters) - Euro zone bond yields fell on Wednesday led by Italian bonds, after being harder hit since the outbreak of the Iran war, as falling oil prices boosted risk appetite among traders.The German 10-year Bund yield DE10Y=RR was last down 5.6 basis points at 2.96%, while Italy&...
Reuters
Wed, Mar 25
Euro Area: Pmis Soften as Inflation Pressures Rise
Deutsche Bank analysts report that Euro Area activity is slowing, with the composite PMI dropping to a 10‑month low while still just above the 50 expansion threshold. They emphasize that survey details point to rising input prices, suggesting renewed inflation pressures.
EUR/USD
Fxstreet
Wed, Mar 25
ECB’s Lane: Inflation readings could be higher in March and April
European Central Bank (ECB) Chief Economist Philip Lane warned of higher inflationary pressures in the Eurozone in the next two months during European trading hours at the ECB and its Watchers conference at Goethe University in Frankfurt on Wednesday.
EUR/USD
Fxstreet
Wed, Mar 25
BoE: Hawks keep hike risk alive – ING
ING’s Chris Turner notes that February UK CPI was broadly in line, but stronger services inflation and higher energy prices keep Bank of England (BoE) hawks vigilant.
GBP/USD
Fxstreet
Wed, Mar 25
RBA: Energy shock keeps inflation risks elevated – UOB
UOB Economist Lee Sue Ann expects the Reserve Bank of Australia (RBA) to keep the cash rate at 4.10% through 4Q26, after a split decision hike in March driven by Iran-related energy shocks and a strong labour market.
Fxstreet
Wed, Mar 25
Lagarde speech: Economy may be more-quick to adjust if inflation rises
European Central Bank (ECB) President Christine Lagarde signaled at the ECB and its Watchers conference at Goethe University in Frankfurt during European trading hours on Wednesday that the central bank is ready for monetary policy adjustments if inflation proves stronger.
EUR/USD
Fxstreet
Wed, Mar 25
UK Inflation Holds at 3% Ahead of Middle East War, With Markets Eyeing Oil Surge
TradingKey - UK inflation remained steady at 3% in February, hovering at its lowest level in 11 months before the outbreak of conflict in the Middle East heightened concerns about energy costs.
GBP/USD
TradingKey
Wed, Mar 25
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