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RBA: March hike back in focus – Standard Chartered
Standard Chartered strategist Nicholas Chia now expects the Reserve Bank of Australia to raise the cash rate to 4.10% at the 17 March meeting, reversing a prior call for a hold. The bank still anticipates another hike in Q2, lifting its terminal rate forecast to 4.35%.Fxstreet
Thu, Mar 12
Breaking: WTI rises above $92.50 amid supply disruption fears, geopolitical turmoil
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.65 during the early Asian trading hours on Thursday. The WTI price climbs over 6.5% on the day as fresh attacks on ships in the Strait of Hormuz worsen supply disruption fears.Fxstreet
Wed, Mar 11
Egypt: Easing delayed as inflation rebounds – Standard Chartered
Standard Chartered’s Bader Al Sarraf now expects the Central Bank of Egypt to keep policy rates at 19% through FY26, postponing earlier plans for near-term easing. The bank still forecasts a 13% policy rate by end-2026, assuming conditions stabilise.Fxstreet
Wed, Mar 11
ECB’s Schnabel: Must be vigilant to upside inflation risks.
Isabel Schanbel, member of the executive board of the European Central Bank (ECB), said that they must monitor the persistence of the energy price shock in Europe and stay vigilant for upside inflation risks in a speech at the Frankfurt School of Finance and Management Centre for Central Banking in
Fxstreet
Wed, Mar 11
French President Macron: Government may decide further measures to cushion oil prices
French President Emannuel Macron said that they will engage with several countries to limit measures to restrict exports, adding that there's obviously a need for a definition of military and political objectives in the war in Iran at a G7 leaders' video conference on Wednesday.Fxstreet
Wed, Mar 11
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