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India: Growth and inflation risks from energy shock – MUFG
MUFG’s Senior Currency Analyst Michael Wan highlight that a Strait of Hormuz closure would hit India through Oil, Liquified Petroleum Gas and Natural Gas Liquids shortages, with spillovers to fertiliser, food production and inflation.
Fxstreet
Thu, Mar 12
ECB: Hawkish comments drive rate expectations – Commerzbank
Commerzbank’s Rates Strategist Hauke Siemßen argues that recent Oil-driven moves in Euro rates have given way to ECB-driven repricing. Comments from Kazimir and Schnabel have led forwards to discount a first 25 bp ECB rate hike by July, even as Commerzbank still forecasts no hikes this year.
Fxstreet
Thu, Mar 12
ECB: Hawkish words as oil shock risk rises – ING
ING’s Global Head of Macro Carsten Brzeski argues that the European Central Bank will keep rates unchanged at its 19 March meeting but adopt a more hawkish tone as the war in the Middle East and higher Oil prices revive memories of the 2022 energy shock.Fxstreet
Thu, Mar 12
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【US Pre-Market】Futures Mixed as Apple Falls Over 4%, Palantir Drops Over 6% Ahead of AMD Earnings
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