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Broad agreement in G7 not to release oil reserves just yet, says G7 official
BRUSSELS, March 9 (Reuters) - There was broad agreement among the Group of Seven finance ministers on Monday not to release strategic oil reserves just yet, a G7 official said.G7 finance ministers held a teleconference earlier on Monday to discuss a response to the overnight surge in oil prices caus...
Reuters
Mon, Mar 9
EUR/USD: Sentiment pressure and fragile support – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Euro is weaker versus the Dollar despite a more supportive rate outlook as markets focus on geopolitical risks.
EUR/USD
Fxstreet
Mon, Mar 9
NY Fed survey finds relative calm in inflation expectations ahead of Iran war
Last month, NY Fed finds stability in expected infaltion pathNY Fed survey does not capture Iran war impactNY Fed finds mixed job market views in February By Michael S. DerbyMarch 9 (Reuters) - In what’s likely to be the calm before the storm, Americans’ inflation expectations were little changed in...
Reuters
Mon, Mar 9
Fed: Patience and data-driven cuts – TD Securities
TD Securities strategists Oscar Munoz and Eli Nir argue that the Federal Reserve will stay on hold near term as the Iran conflict and mixed US labor data keep uncertainty elevated.
Fxstreet
Mon, Mar 9
Portugal's Minister: strategic oil reserves are to be used in supply emergencies
BRUSSELS, March 9 (Reuters) - Portuguese Finance Minister Joaquim Miranda Sarmento said on Monday the war in Iran has an impact on the price of oil and gas in Europe, but not on supply and the use of strategic reserves should be limited to supply emergencies.He also said one week after the beginning...
Reuters
Mon, Mar 9
JPY: Volatility shock could spur rebound – MUFG
MUFG strategists Derek Halpenny, Lee Hardman and Abdul-Ahad Lockhart note that the Japanese Yen has not yet benefited from the latest volatility spike, with the BoJ’s trade‑weighted JPY index near year‑to‑date lows.
USD/JPY
Fxstreet
Mon, Mar 9
Oil: Geopolitics, growth risks and rotation – HSBC
HSBC Asset Management discusses how recent geopolitical tensions have driven Oil higher and raised market volatility.
Fxstreet
Mon, Mar 9
Mexico inflation exceeds target in February, rate cuts in question
Inflation surpasses Banxico's target, raising bets for a pause in rate cutsConsumer prices rose 4.02% in February, exceeding expectationsAnalysts warn against rate cuts amid rising inflation and oil pricesBy Aida Pelaez-Fernandez MEXICO CITY, March 9 (Reuters) - Mexico's annual inflation ...
Reuters
Mon, Mar 9
Fed: Weak NFP complicates response to Oil shock – MUFG
MUFG’s Senior Currency Analyst Lee Hardman highlights that February nonfarm payrolls fell by 92k, reversing January’s gains and underscoring a still-weak underlying US labour trend.
Fxstreet
Mon, Mar 9
Germany: Industry stuck in sideways pattern – Commerzbank
Commerzbank’s Senior Economist Dr. Ralph Solveen notes that German industry remains weak, with January industrial orders dropping sharply after earlier distortions from big ticket defense and public-sector contracts.
Fxstreet
Mon, Mar 9
Mexico Core Inflation registered at 0.46%, below expectations (0.47%) in February
Mexico Core Inflation registered at 0.46%, below expectations (0.47%) in February
Fxstreet
Mon, Mar 9
Mexico 12-Month Inflation registered at 4.02% above expectations (3.94%) in February
Mexico 12-Month Inflation registered at 4.02% above expectations (3.94%) in February
Fxstreet
Mon, Mar 9
Mexico Headline Inflation registered at 0.5% above expectations (0.43%) in February
Mexico Headline Inflation registered at 0.5% above expectations (0.43%) in February
Fxstreet
Mon, Mar 9
Brazil Economists See 2026 Inflation At 3.91% - Cenbank Poll
March 9 (Reuters) - BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 3.91% IN 2026 VERSUS 3.91% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 3.80% IN 2027 VERSUS 3.79% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE YEAR-END 2026 IN...
Reuters
Mon, Mar 9
UK PM Starmer: Longer this conflict more likely the potential economic impact
United Kingdom (UK) Prime Minister (PM) Keir Starmer said during European trading hours on Monday that the administration is in continuous talks with international partners about what more we can do to reduce the economic impact amid the ongoing war in the Middle East between the United States (US),
Fxstreet
Mon, Mar 9
RPT-Amid oil shock uncertainty, Fed's Hammack says central bank must lower inflation
Fed's Hammack says too soon to say what oil shock means for economyHammack says rate hike may be on table if inflation does not easeHammack wants confidence inflation easing before cutting againBy Michael S. Derby NEW YORK, March 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth ...
Reuters
Mon, Mar 9
BoE: Policy options under energy shock – Deutsche Bank
Deutsche Bank's Chief UK Economist Sanjay Raja outlines how the Bank of England and UK Government might respond to different energy-shock paths.
Fxstreet
Mon, Mar 9
BoC: Flexible path for cuts as inflation hovers near target – NBC
National Bank of Canada (BoC) economists Alexandra Ducharme and Jocelyn Paquet interpret recent Bank of Canada communication as favouring policy flexibility in response to supply shocks.
Fxstreet
Mon, Mar 9
Singapore Foreign Reserves (MoM) down to 416.1B in February from previous 417B
Singapore Foreign Reserves (MoM) down to 416.1B in February from previous 417B
Fxstreet
Mon, Mar 9
US: Payrolls slide and participation drop – UOB
UOB’s Global Economics & Markets Research notes a major setback in the US jobs market in February, as Non-farm payrolls fell 92,000, the largest drop since October 2025.
Fxstreet
Mon, Mar 9
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