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Goldman Sachs Expects Prolonged BoE Pause, Sees Next Rate Cut in 2027
Goldman Sachs has pushed back its forecast for Bank of England interest rate cuts to 2027, after the central bank kept rates steady and flagged inflation risks from the war in the Middle East.
Reuters
Fri, Mar 20
Iran conflict could flip China's deflation into 'bad inflation'
Oil price shock may end factory gate deflation in ChinaBut inflation driven by input costs could be worse, analysts sayChina better placed than Europe, rest of Asia to weather crisisBut it relies on exports, needs global economy to do wellBy Kevin Yao and Liangping GaoBEIJING, March 20 (Reuters) - C...
Reuters
Fri, Mar 20
China's Jan-Feb soybean imports from US slump; Brazilian shipments surge
By Ella Cao and Lewis Jackson BEIJING, March 20 (Reuters) - China's soybean imports from the U.S. plunged in the first two months of 2026 from a year earlier as most shipments, following a late October trade truce, have yet to arrive.The world's largest soybean importer brought in 1.49 mi...
Reuters
Fri, Mar 20
Australian Dollar weakens as Australian Unemployment Rate rises, PBOC holds rates steady
The AUD/USD pair trades in negative territory near 0.7080 during the Asian trading hours on Friday. The Australian Dollar (AUD) softens against the US Dollar (USD after Australia’s unemployment rate increased in February.
AUD/USD
Fxstreet
Fri, Mar 20
PBOC Leaves Loan Prime Rates Unchanged in March
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Friday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
Fxstreet
Fri, Mar 20
Japan’s Takaichi: Trump and I Discussed Legal Limits to Japan's Help on Hormuz
Japanese Prime Minister Sanae Takaichi attempted to reiterate her support for US President Donald Trump on Thursday after the president this week seemed to complain that Japan was among the nations that did not quickly join his call to help protect the Strait of Hormuz.
Fxstreet
Fri, Mar 20
China PBoC Interest Rate Decision in line with expectations (3%)
China PBoC Interest Rate Decision in line with expectations (3%)
Fxstreet
Fri, Mar 20
Israel's PM Netanyahu says he 'acted alone' in attack on Iranian gas field
Israel's Prime Minister Benjamin Netanyahu said that Israel "acted alone" in attacking an Iranian gas field, as tensions rise over strikes on energy infrastructure across the region, BBC reported on Thursday.
Fxstreet
Thu, Mar 19
EU urges halt to strikes on energy and water infrastructure amid Middle East supply risks
European Union (EU) leaders called for a moratorium on military strikes on energy and water facilities in the Middle East amid growing concerns about the impact of the Iran war on the global economy, Reuters reported on Thursday.
EUR/USD
Fxstreet
Thu, Mar 19
Any EU fiscal response to energy prices should be tailored - ECB
BRUSSELS, March 19 (Reuters) - Any euro zone fiscal response to the surge in energy prices caused by the U.S.-Israeli war on Iran should be temporary, tailored and targeted, European Central Bank President Christine Lagarde told EU leaders on Thursday.Lagarde spoke after the ECB kept its key interes...
Reuters
Thu, Mar 19
EU leaders appoint Boris Vujcic as ECB vice president
BRUSSELS, March 19 (Reuters) - European Union leaders appointed on Thursday Croatia's central bank Governor Boris Vujcic to be the vice president of the European Central Bank for a non-renewable 8-year term.Vujcic, 61, will replace Spain's Luis de Guindos from June 1. He is a trained monetar...
Reuters
Thu, Mar 19
New Zealand Trade Balance NZD (YoY) down to $-3B in February from previous $-2.3B
New Zealand Trade Balance NZD (YoY) down to $-3B in February from previous $-2.3B
NZD/USD
Fxstreet
Thu, Mar 19
New Zealand Trade Balance NZD (MoM) above expectations ($-470M) in February: Actual ($-257M)
New Zealand Trade Balance NZD (MoM) above expectations ($-470M) in February: Actual ($-257M)
NZD/USD
Fxstreet
Thu, Mar 19
New Zealand Imports: $6.89B (February) vs $6.7B
New Zealand Imports: $6.89B (February) vs $6.7B
NZD/USD
Fxstreet
Thu, Mar 19
New Zealand Exports climbed from previous $6.21B to $6.63B in February
New Zealand Exports climbed from previous $6.21B to $6.63B in February
NZD/USD
Fxstreet
Thu, Mar 19
CORRECTED-TREASURIES -US front-end yields rise as markets pare back Fed easing outlook
Fed rate-cut view trimmed as global central banks turn cautiousBoE, ECB decisions highlight inflation risks from Middle East conflictUS yield curve flattens as short-term rates rise fasterUS $19 billion 10-year TIPS auction comes in weaker than expectedBy Gertrude Chavez-Dreyfuss NEW YORK, March ...
Reuters
Thu, Mar 19
WRAPUP 7-Trump tells Israel not to repeat strikes on Iranian energy as crisis deepens
US allies, reluctant to intervene, respond to soaring prices Iran strikes badly damage Qatar gas outputOil price jumps by about 10% before easing backTrump says US not told in advance of Israel's gas field strikeTrump says not sending more troops to the regionBy Andrew Mills and Trevor Hunnicutt...
Reuters
Thu, Mar 19
Argentina Trade Balance (MoM) came in at $788M, below expectations ($971M) in February
Argentina Trade Balance (MoM) came in at $788M, below expectations ($971M) in February
Fxstreet
Thu, Mar 19
IMF says prolonged increase in energy prices could boost inflation, lower growth
Every 10% sustained increase in oil price results in 40-basis-point rise in inflation, IMF saysIMF to reflect war in next economic update in AprilCentral banks should remain vigilant on inflation, IMF saysBy Andrea Shalal and Rodrigo Campos WASHINGTON, March 19 (Reuters) - The IMF said on Thursda...
Reuters
Thu, Mar 19
Europe: Growth resilience versus demographic drag – BNP Paribas
BNP Paribas highlights that Central European economies are holding up well despite a shrinking population and working-age cohort. The bank notes continued support from EU funds, strong productivity gains relative to wages, and a highly educated workforce.
Fxstreet
Thu, Mar 19
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