US consumer sentiment picked up marginal pace in March, as the Conference Board’s Consumer Confidence Index ticked a tad higher to 91.8 from February’s 91.0 (revised from 91.2).

TD Securities analysts note that USD/CAD has been resilient despite stronger Canadian GDP data, as month-end and quarter-end Dollar demand offsets other forces. The pair has broken above its mid-January highs and they now highlights 1.40 as the next key level.

Iran's state media reported on Tuesday that Iran's Islamic Revolutionary Guard Corps (IRGC) announced that they will target United States (US) companies, including Google, Apple, Intel, Boeing, IBM and Tesla, in the region as of April 1 in retaliation for attacks on Iran.

Societe Generale’s Dev Ashish expects Brazil’s economy to expand below trend in 2026 as tighter policy and a weaker external backdrop weigh on activity. Inflation is seen pressured by higher Oil prices, though soft demand offers some cushion.

The consumer sentiment in the United States (US) improved slightly in March, with the Conference Board's Consumer Confidence Index edging higher to 91.8 from 91 in February (revised from 91.2).

Royal Bank of Canada (RBC) economists note Canada's GDP grew 0.1% in January, slower than December but above expectations, with goods-producing industries outperforming and services flat.

The number of job openings declined to 6.882 million in February from 7.24 million in January, the US Bureau of Labor Statistics (BLS) reported in its Job Openings and Labor Turnover (JOLTS) report on Tuesday. This reading came in below the market expectation of 6.92 million.

United States JOLTS Job Openings below forecasts (6.92M) in February: Actual (6.882M)

United States Chicago PMI registered at 52.8, below expectations (55) in March

Societe Generale’s Dev Ashish projects Mexico’s 2026 growth to remain below potential, constrained by weak manufacturing, investment and USMCA‑related uncertainty. Higher Oil prices are expected to pass through, lifting inflation risks and expectations.

Commerzbank analyst Carsten Fritsch notes Gold has dropped over 13% this month, its steepest fall since 2008, as surging Oil prices forced markets to price out Fed rate cuts. Recently, both Gold and Oil have risen together.

Tensions between the United States (US) and Iran remain in focus after a series of comments from US Defense Secretary Pete Hegseth reported by Reuters, who said the coming days could be decisive in the conflict.

ING’s Bert Colijn notes that Eurozone inflation has jumped from 1.9% to 2.5%, driven entirely by higher energy prices, while core and food inflation continue to ease.

United States S&P/Case-Shiller Home Price Indices (YoY) came in at 1.2%, below expectations (1.3%) in January

United States Housing Price Index (MoM) in line with expectations (0.1%) in January

United States Redbook Index (YoY) up to 6.9% in March 27 from previous 6.7%

BNP Paribas analyzes US plans to ease bank liquidity rules to help restore the Federal Reserve’s (Fed) lender-of-last-resort function and potentially enable further balance sheet reduction.

Canada Gross Domestic Product (MoM) above forecasts (0%) in January: Actual (0.1%)

South Africa Trade Balance (in Rands) rose from previous 9.31B to 36.92B in February

In a series of posts on Truth Social, US President Donald Trump criticized several US allies, including the United Kingdom (UK) and France, over their position following the recent US operation targeting Iran.

Commerzbank’s Volkmar Baur says Japan’s inflation outlook remains contained, with core prices still within the Bank of Japan’s (BoJ) 2% target range and second‑round effects not yet visible.

MUFG’s Senior Currency Analyst Lee Hardman notes the US Dollar is trading at its strongest levels since May last year as the Middle East conflict fuels concerns over a prolonged energy price shock that could hit global growth outside the US harder.

TD Securities’ Global Strategy Team notes the RBA hiked in March citing persistent inflation, strong demand, a tight labour market and higher Oil prices.

European Central Bank (ECB) Governing Council member Madis Müller said in an interview with in an interview in Tallinn, reported by Bloomberg during European trading hours on Tuesday, that there could be an interest rate hike by the central bank in the April policy meeting.

India Trade Deficit – RBI dipped from previous -68.5B to -87.4B in 3Q

Italy Industrial Sales n.s.a. (YoY) declined to -1% in January from previous 3.6%

Italy Industrial Sales s.a. (MoM) fell from previous 0.5% to -0.3% in January

Michael Pfister at Commerzbank notes that Norwegian Krone (NOK) has outperformed Swedish Krona (SEK) thanks to Norway’s energy-exporter status during the war-related commodity shock, despite similar rate expectations.

Nordea’s Chief Analyst Anders Svendsen and Chief Economist Tuuli Koivu note Euro area inflation rose to 2.5% year-on-year in March and is expected to approach 3% in coming months.

Standard Chartered analysts Nicholas Chia and Chong Hoon Park highlight that new Bank of Japan (BoJ) indicators show underlying inflation near or above the 2% target and a positive output gap since Q1 2022, suggesting growth above potential.