Commerzbank’s Dr. Henry Hao and Moses Lim highlight how Chinese policymakers are defending China’s large trade surplus while aiming to keep the CNY broadly stable.

ING economist Min Joo Kang argues that Shin Hyun-song’s nomination as Bank of Korea (BoK) governor points to a more hawkish policy stance, with preemptive rate hikes likely.

HSBC Asset Management describes China’s stock market as notably resilient despite rising geopolitical risks and energy vulnerability. The new Five-Year Plan shifts focus toward quality growth, energy security, tech innovation and national security, with a 2026 GDP growth target of 4.5–5.0%.

Eurozone Consumer Confidence came in at -16.3 below forecasts (-14.4) in March

Rabobank strategists Molly Schwartz and Christian Lawrence preview the March 26 Banxico meeting, expecting the overnight policy rate to be held at 7.00%. They note rising inflation risks linked to the Iran war and internal Board divisions between inflation hawks and growth doves.

BNY’s Bob Savage highlights that Central and Eastern European (CEE) currencies such as Hungarian Forint (HUF) and Polish Złoty (PLN) have held up relatively well into the fourth week of the conflict, supported by high real rates and liquidity.

United States (US) President Donald Trump said that he had some strong talks over the Iran war and that they’ll see where the talks lead. Adding that if the talks can carry through, the conflict will end, speaking to reporters before boarding his presidential plane on Monday.

United States Construction Spending (MoM) below expectations (0.1%) in January: Actual (-0.3%)

Societe Generale economists Fabien Bossy, Michel Martinez, Anatoli Annenkov and Sam Cartwright argue that the ECB is edging toward discussing early insurance rate hikes after the recent energy shock.

TD Securities strategists Robert Both and Emma Lawrence expect the Bank of Canada (BoC) to keep the overnight rate at 2.25% throughout 2026, despite markets pricing significant tightening.

BNP Paribas strategists expect the US economy to grow above potential in 2026, with GDP at 2.9% and inflation at 3.0%, keeping the Federal Reserve on hold after three cuts in 2025. They project the Fed Funds target range at 3.5%-3.75% through 2026.

United States President Donald Trump told Fox Business Network on Monday that Iran wants to make a "deal badly," adding that a deal could be reached within five days or even sooner, per Reuters.

Federal Reserve (Fed) Board of Governors member Stephan Miran told Bloomberg on Monday that they shouldn't make policy decisions on short-term headlines.

In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that they are currently in an intense moment with a lot in the balance.

Rabobank’s Florence Schmit and Joe DeLaura argue the Ras Laffan strike and extended Hormuz closure have effectively ended the LNG glut, forcing a sharp repricing of TTF gas.

United States Chicago Fed National Activity Index declined to -0.11 in February from previous 0.18

Societe Generale’s UK team reports a sharp selloff in 10‑year gilts, with yields hitting 5% as markets priced in more BoE tightening. They see this as an overreaction and now expect the MPC to stay on hold through 2026 due to the energy shock.

Mexico Retail Sales (MoM) rose from previous -0.1% to 1% in January

Mexico Retail Sales (YoY) above expectations (3.1%) in January: Actual (5%)

Citing sources with knowledge, Iran's Fars News agency reported that there are no direction communcations with the United Stats (US) nor through intermediaries, per Reuters.

Commerzbank’s Hauke Siemßen highlights that hawkish ECB commentary and the Iran-related energy shock have pushed money markets to discount three full ECB rate hikes by year-end and an 80% probability of a first move in April.

United States (US) President Donald Trump instructs the Department of War to postpone military strikes on Iranian power plants.

European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS) Peter Kazimir delivers remarks on the monetary policy outlook during the European trading session on Monday.

Greece Current Account (YoY) climbed from previous €-3.862B to €-1.286B in January

BNY’s Head of Markets Macro Strategy Bob Savage notes that Australian data and policy are central for the Australian Dollar (AUD), with February CPI seen as critical to validate current rate-hike pricing and a constructive AUD view.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, extends its gains for the second successive session and is trading around 99.80 during the early European hours on Monday.

Turkey Consumer Confidence fell from previous 85.7 to 85 in March

Rabobank’s Senior Market Strategist Benjamin Picton highlights that the Iran war and threats around the Strait of Hormuz are sustaining significant risk for Oil markets.

Societe Generale’s macro team highlights that March flash PMIs will be the first key read on how the recent Oil shock is affecting Euro area activity and prices.

Netherlands, The Consumer Confidence Adj fell from previous -24 to -30 in March