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ECB's Centeno: trade war unlikely to spur inflation
LISBON, March 20 (Reuters) - A widening global tariffs war is unlikely to speed up inflation in Europe and could end up having a negative impact on prices, European Central Bank policymaker and Bank of Portugal Governor Mario Centeno said on Thursday."I don't see how we can come out of this...
Reuters
Thu, Mar 20
Germany's Lanxess gets boost from stockpiling ahead of Trump tariff threat
By Rafal Wojciech Nowak March 20 (Reuters) - German speciality chemicals maker Lanxess LXSG.DE on Thursday said U.S. customers had rushed to stockpile its products, joining consumers and companies hoping to get ahead of potential trade tariffs threatened by U.S. President Donald Trump.Trump has s...
Reuters
Thu, Mar 20
India M3 Money Supply: 9.6% (March 3)
India M3 Money Supply: 9.6% (March 3)
Fxstreet
Thu, Mar 20
Bank of England is expected to keep the policy rate steady at 4.50% – BBH
GBP/USD is down on broad USD strength, BBH FX analysts report.
Fxstreet
Thu, Mar 20
Temu-owner PDD Holdings misses quarterly revenue expectations
March 20 (Reuters) - PDD Holdings PDD.O, which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in the company's Chinese e-commerce business despite deep discounts and government stimulus to boost spending.The company reported re...
Reuters
Thu, Mar 20
New Zealand: Signs of a floor – Standard Chartered
GDP expanded 0.7% q/q in Q4, exceeding both our forecast (0.5%) and the RBNZ’s projection (0.3%).
Fxstreet
Thu, Mar 20
Canada-US yield spreads turn a corner on trade war bets
Canada-U.S. 10-year spread rebounds from historic lowMarket bets trade war will hurt U.S. economyMove to smaller spreads could help loonieCanada has fiscal room to respond to crisisBy Fergal Smith TORONTO, March 20 (Reuters) - The Canadian government bond market is unlikely to return to the recor...
Reuters
Thu, Mar 20
China SMEI: Seasonal recovery in March – Standard Chartered
Headline SMEI rebounded to an 11-month high of 51.2 in March on better performance and expectations.
Fxstreet
Thu, Mar 20
Spain 10-y Obligaciones Auction down to 3.382% from previous 3.507%
Spain 10-y Obligaciones Auction down to 3.382% from previous 3.507%
Fxstreet
Thu, Mar 20
Swiss National Bank cuts policy rate to 0.25%
Investing.com -- The Swiss National Bank (SNB) cut its policy rate by 0.25 percentage points today, bringing it down to 0.25%, as expected by market participants. The revised policy rate will be effective from 21 March 2025.
Investing.com
Thu, Mar 20
SNB's Martin: Inflationary pressure should continue to ease gradually over next quarters
Swiss National Bank (SNB) Vice Chairman Antoine Martin is speaking at the post-policy meeting press conference, explaining the decision behind the 25 basis points (bps) interest rate cut to 0.25%.
USD/CHF
Fxstreet
Thu, Mar 20
SNB's Schlegel: Will monitor situation closely and adjust policy if necessary
Swiss National Bank (SNB) Chairman Martin Schlegel is addressing the post-meeting press conference, explaining the decision behind the 25 basis points (bps) interest rate cut to 0.25%.
USD/CHF
Fxstreet
Thu, Mar 20
SNB cuts Sight Deposit Rate by 25 bps to 0.25% as expected
The Swiss National Bank (SNB) lowered the benchmark Sight Deposit Rate by 25 basis points (bps) to 0.25% from 0.50%, following its monetary policy assessment for the March quarter on Thursday.
USD/CHF
Fxstreet
Thu, Mar 20
Sweden Riksbank Interest Rate Decision meets forecasts (2.25%)
Sweden Riksbank Interest Rate Decision meets forecasts (2.25%)
Fxstreet
Thu, Mar 20
Switzerland SNB Interest Rate Decision in line with forecasts (0.25%)
Switzerland SNB Interest Rate Decision in line with forecasts (0.25%)
Fxstreet
Thu, Mar 20
BoE set to shelve interest rate cuts as US tariff narrative leads to uncertainty
The Bank of England (BoE) is set to reveal its monetary policy decision on Thursday, marking the second meeting of 2025.Expectations are high among market watchers that the central bank will keep its benchmark rate at 4.50%, following a 25 basis point reduction in the previous month.
GBP/USD
Fxstreet
Thu, Mar 20
Lagarde speech: EU retaliatory measures and a weaker Euro could lift inflation by around 0.5%
European Central Bank (ECB) President Christine Lagarde is testifying before the Committee on Economic and Monetary Affairs of the European Parliament on Thursday.
EUR/USD
Fxstreet
Thu, Mar 20
Euro zone government bond yields drop after Fed, await BoE
By Stefano Rebaudo March 20 (Reuters) - Euro zone government bond yields dropped on Thursday after U.S. Federal Reserve officials projected two 25 basis point rate cuts this year, while expressing concern about growth risks.The Trump administration's initial policies, including extensive impo...
Reuters
Thu, Mar 20
WRAPUP 8-Fed in no rush to cut rates; Trump disagrees
US central bank keeps policy rate in 4.25%-4.50% rangePolicymakers anticipate two rate cuts in 2025Economic growth seen at 1.7% in 2025, inflation higher at 2.7%By Howard Schneider and Ann Saphir WASHINGTON, March 19 (Reuters) - The Trump administration's initial policies, including extensive...
Reuters
Thu, Mar 20
United Kingdom Claimant Count Rate: 4.7% (February) vs 4.6%
United Kingdom Claimant Count Rate: 4.7% (February) vs 4.6%
Fxstreet
Thu, Mar 20
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