News

Australia Westpac Consumer Confidence climbed from previous -2.6% to 1.2% in March

Source  Fxstreet1773099202

Japan Overall Household Spending (YoY) registered at -1%, below expectations (2.5%) in January

Source  Fxstreet1773099002

South Korea Gross Domestic Product Growth (QoQ) registered at -0.2% above expectations (-0.3%) in 4Q

Source  Fxstreet1773097206

South Korea Gross Domestic Product Growth (YoY) below forecasts (1.7%) in 4Q: Actual (1.6%)

Source  Fxstreet1773097202
China: Growth set to slow slightly into 2027 – Danske Bank

Danske Research Team expects China to maintain its two-speed pattern, with weak domestic demand and strong exports and technology. They project Gross Domestic Product growth of 5% in 2025, easing to 4.8% in 2026 and 4.7% in 2027.

Source  Fxstreet1773096840
CNY: Inflation recovery supports modest gains – Commerzbank

Commerzbank’s Volkmar Baur sees growing evidence that China is exiting deflation, with consumer prices up 1.3% year-on-year in February and producer prices turning higher month-on-month. Rising services and food prices underpin this shift.

Source  Fxstreet1773093420
CEE FX: Oil-driven stress and EUR/HUF focus – ING

ING’s Frantisek Taborsky argues that Central and Eastern European markets remain highly exposed to the US–Iran conflict and rising Oil prices. While local data from Hungary, Turkey and Poland are due, he expects geopolitics to dominate.

Source  Fxstreet1773077637
Canada: Modest February rebound expected labour market – NBC

National Bank of Canada (NBC) economists Alexandra Ducharme and Jocelyn Paquet expect Canada’s February Labour Force Survey to show a 10K employment gain after January’s decline, but projects the unemployment rate rising to 6.7% as participation ticks up to 65.2%.

Source  Fxstreet1773073258
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.

Source  Fxstreet1773068503
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.

Source  Fxstreet1773067683
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.

Source  Fxstreet1773065620
Oil: Geopolitics, growth risks and rotation – HSBC

HSBC Asset Management discusses how recent geopolitical tensions have driven Oil higher and raised market volatility.

Source  Fxstreet1773063750
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.

Source  Fxstreet1773062263
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.

Source  Fxstreet1773060074

Mexico Core Inflation registered at 0.46%, below expectations (0.47%) in February

Source  Fxstreet1773057605

Mexico Headline Inflation registered at 0.5% above expectations (0.43%) in February

Source  Fxstreet1773057604

Mexico 12-Month Inflation registered at 4.02% above expectations (3.94%) in February

Source  Fxstreet1773057604
Non-Farm Payrolls Miss, Oil Prices Surge. Fed Mired in Dilemma of Rising Inflation and Soaring Unemployment.

TradingKey - US non-farm payrolls saw a net decrease of 92,000 in February, far below expectations and marking the second monthly contraction since 2020. Meanwhile, the unemployment rate rose to 4.4%.

Source  Tradingkey1773052157
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),

Source  Fxstreet1773051804
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.

Source  Fxstreet1773050051
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.

Source  Fxstreet1773048752

Singapore Foreign Reserves (MoM) down to 416.1B in February from previous 417B

Source  Fxstreet1773046868
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.

Source  Fxstreet1773046789
Weak Payrolls and Surging Oil: Which Way Will the Fed’s Policy Balance Tilt?

TradingKey - The Federal Reserve is caught in a policy dilemma: on one hand, there is the immediate pressure of a cooling labor market, and on the other, the inflationary risks posed by surging energy

Source  Tradingkey1773045111

Austria Trade Balance dipped from previous €-352M to €-1301M in December

Source  Fxstreet1773044041
US: Double inflation data test for Fed – Deutsche Bank

Deutsche Bank's Jim Reid and colleagues expect a firmer US headline CPI than core in February, driven by higher energy prices, with year-on-year headline inflation near 2.4% and core edging slightly lower.

Source  Fxstreet1773043181

Germany Factory Orders n.s.a. (YoY) declined to 3.7% in January from previous 13%

Source  Fxstreet1773039853

Germany Factory Orders s.a. (MoM) dipped from previous 7.8% to -11.1% in January

Source  Fxstreet1773039842

Germany Industrial Production n.s.a. w.d.a. (YoY): -1.2% (January) vs previous -0.6%

Source  Fxstreet1773039695

Germany Industrial Production s.a. (MoM) below forecasts (0.9%) in January: Actual (-0.5%)

Source  Fxstreet1773039689
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