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TREASURIES-US government bonds rally as oil cools, but Iran risks linger
Treasuries yields fall as oil prices retreat, stock markets recoverIran conflict's impact on bond market remains uncertainFed rate cut expectations reduced amid inflation concernsBy Gertrude Chavez-Dreyfuss NEW YORK, March 16 (Reuters) - U.S. Treasuries rebounded on Monday, with risk appetite...
Reuters
Mon, Mar 16
RPT-BREAKINGVIEWS-Iran conflict is fresh threat to US fiscal future
By Gabriel RubinWASHINGTON, March 5 (Reuters Breakingviews) - War is the time for budget deficits, while peace is the time to pay the bills. Unfortunately, the United States government has been spending as if it were at war for several years. Now that President Donald Trump has attacked Iran, there’...
Reuters
Mon, Mar 16
BREAKINGVIEWS-Iran conflict is fresh threat to US fiscal future
By Gabriel RubinWASHINGTON, March 5 (Reuters Breakingviews) - War is the time for budget deficits, while peace is the time to pay the bills. Unfortunately, the United States government has been spending as if it were at war for several years. Now that President Donald Trump has attacked Iran, there’...
Reuters
Mon, Mar 16
WRAPUP 1-US manufacturing output increases; homebuilder sentiment ticks up
Manufacturing output increases 0.2% in FebruaryHomebuilder sentiment edges up in MarchMiddle East conflict could raise operating costsBy Lucia Mutikani WASHINGTON, March 16 (Reuters) - U.S. factory production increased marginally in February as manufacturing remained constrained by tariffs on imp...
Reuters
Mon, Mar 16
GBP: Hawkish BoE repricing underpins Pound – MUFG
MUFG highlights that United Kingdom (UK) rate expectations have flipped from cuts to a possible hike as the energy shock lifts inflation risks, supporting recent Pound Sterling (GBP) outperformance versus European peers.
GBP/USD
Fxstreet
Mon, Mar 16
Colombia Retail Sales (YoY) below forecasts (10.1%) in January: Actual (7.8%)
Colombia Retail Sales (YoY) below forecasts (10.1%) in January: Actual (7.8%)
Fxstreet
Mon, Mar 16
Riksbank: War risk keeps policy on hold – Nordea
Nordea economists Kjetil Olsen and Sara Midtgaard expect the Sweden's central bank, Riksbank to leave its policy rate at 1.75% on 19 March and through 2026, as inflation forecasts are only modestly revised and uncertainty over energy prices is high.
EUR/SEK
Fxstreet
Mon, Mar 16
CAD: BoC seen looking through Oil spike – NBC
National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme say Canada’s latest CPI print shows inflation under control before the recent rise in Oil prices. Headline and core measures are both below 2.0%, with shelter inflation moderating.
USD/CAD
Fxstreet
Mon, Mar 16
Energy: Base case shifts to higher prices – ING
ING’s Warren Patterson revises the base case for global Energy markets, abandoning an earlier assumption of a quick two-week disruption in the Strait of Hormuz.
Fxstreet
Mon, Mar 16
PRESS DIGEST-Canada - March 16
March 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILCanadian telecom firm BCE BCE.TO said on Monday it will invest an additional $1.7 billion to build a 300-megawatt A...
Reuters
Mon, Mar 16
Canada: Core inflation easing but supply risks persist – RBC
Royal Bank of Canada (RBC) Senior Economist Claire Fan notes that Canadian headline inflation slowed to 1.8% in February, but base effects from last year’s GST/HST holiday and the removal of the consumer carbon tax distort comparisons.
Fxstreet
Mon, Mar 16
United States NAHB Housing Market Index came in at 38, above forecasts (37) in March
United States NAHB Housing Market Index came in at 38, above forecasts (37) in March
Fxstreet
Mon, Mar 16
US home builder sentiment edges up in March -NAHB
NAHB index rises to 38, below 50 for 23 monthsMortgage rates rise due to US-Israeli war with IranBuilders face high costs, offer incentives to boost sales WASHINGTON, March 16 (Reuters) - U.S. homebuilder sentiment edged up in March, but worries about higher construction costs and shortages of la...
Reuters
Mon, Mar 16
Canada's annual inflation rate eases to 1.8% in February ahead of expected energy shock
On a monthly basis CPI rose by 0.5% in FebruaryFood prices rose by 5.4% on an annual basisGrocery prices have risen by 30% in last five yearsBy Promit Mukherjee OTTAWA, March 16 (Reuters) - Canada's annual inflation rate fell to 1.8% in February, after prices in the same period a year ago had...
Reuters
Mon, Mar 16
US Industrial Production increased 0.2% in February
The United States (US) Industrial Production rose 0.2% MoM in February versus the 0.7% advance from January. At the same time, Capacity Utilization stood at 76.3%, matching the revised figure from January, according to a Federal Reserve (Fed) report.
Fxstreet
Mon, Mar 16
Copper: Visible stocks signal looming crunch – TD Securities
TD Securities’ Daniel Ghali warns Copper will increasingly need to draw from exchange warehouses as global deficits bite.
Fxstreet
Mon, Mar 16
US manufacturing output rises marginally in February
WASHINGTON, March 16 (Reuters) - U.S. factory production increased marginally in February as strength in motor vehicle output was offset by weakness in machinery, data showed on Monday. Manufacturing output rose 0.2% last month after an upwardly revised 0.8% gain in January, the Federal Reserve sai...
Reuters
Mon, Mar 16
Euro area: Industrial recovery delayed by sector shocks – Societe Generale
Societe Generale economists note Euro area industrial production fell sharply in January despite improving PMIs and German orders.
Fxstreet
Mon, Mar 16
United States Industrial Production (MoM) registered at 0.2% above expectations (0.1%) in February
United States Industrial Production (MoM) registered at 0.2% above expectations (0.1%) in February
Fxstreet
Mon, Mar 16
United States Capacity Utilization above expectations (76.2%) in February: Actual (76.3%)
United States Capacity Utilization above expectations (76.2%) in February: Actual (76.3%)
Fxstreet
Mon, Mar 16
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