New Zealand Imports: $6.89B (February) vs $6.7B

New Zealand Exports climbed from previous $6.21B to $6.63B in February

Argentina Trade Balance (MoM) came in at $788M, below expectations ($971M) in February

BNP Paribas highlights that Central European economies are holding up well despite a shrinking population and working-age cohort. The bank notes continued support from EU funds, strong productivity gains relative to wages, and a highly educated workforce.

United States 4-Week Bill Auction declined to 3.615% from previous 3.64%

Nordea’s Chief Analyst Jan von Gerich says the European Central Bank (ECB) kept rates unchanged but signalled greater readiness to tighten if higher energy prices feed into broader inflation.

Rabobank’s Senior Macro Strategist Stefan Koopman notes that the Bank of England (BoE) kept Bank Rate at 3.75% but adopted a distinctly hawkish tone as a renewed energy shock lifts inflation projections.

United States EIA Natural Gas Storage Change below forecasts (39B) in March 13: Actual (35B)

HSBC strategists Jose Rasco and Michael Zervos say the Federal Reserve kept the funds rate at 3.50%-3.75% and signalled a clear wait-and-see stance.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the March policy meeting and responds to questions from the press.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the March policy meeting and responds to questions from the press.

ING’s Global Head of Macro, Carsten Brzeski, notes that the European Central Bank kept interest rates unchanged and is in no rush to hike, despite war in the Middle East and higher Oil prices.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the March policy meeting and responds to questions from the press.

Rabobank highlights that the FOMC’s March projections show higher PCE and core PCE inflation at 2.7% in 2026, yet unchanged median rate dots, implying only a temporary inflation shock.

United States Wholesale Inventories came in at -0.5% below forecasts (0.2%) in January

United States New Home Sales (MoM) below forecasts (0.72M) in January: Actual (0.587M)

United States New Home Sales (MoM) registered at 587M above expectations (0.72M) in January

Eurozone ECB Main Refinancing Operations Rate meets expectations (2.15%)

Eurozone ECB Rate On Deposit Facility in line with expectations (2%)

Nomura analysts note that the Swiss National Bank (SNB) kept its policy rate at 0.00% and strengthened its guidance on FX intervention as the Swiss Franc (CHF) has appreciated. Very low Swiss inflation and a stronger CHF are seen prompting FX purchases in Q1.

Deutsche Bank’s Sanjay Raja notes the Bank of England (BoE) kept Bank Rate unchanged but clearly signalled a stronger focus on inflation risks. The Monetary Policy Committee (MPC) dropped its easing bias and stressed readiness to act if inflation expectations rise.

There were 205K Initial Jobless Claims in the week ending March 14, a decrease of 8K from the previous week's unrevised level, the US Department of Labor (DOL) reported on Thursday. This reading came in better than the market expectation of 215K.

In an interview with Fox Business Network on Thursday, United States (US) Treasury Secretary Scott Bessent said that the US is not attacking Iran's energy infrastructure and added that they have allowed Iranian oil to continue out of the Gulf, per Reuters.

United States Continuing Jobless Claims came in at 1.857M, above expectations (1.85M) in March 6

United States Philadelphia Fed Manufacturing Survey registered at 18.1 above expectations (10) in March

United States Initial Jobless Claims 4-week average: 210.75K (March 13) vs previous 212K

United States Initial Jobless Claims registered at 205K, below expectations (215K) in March 13

MUFG’s Senior Currency Analyst Lee Hardman notes the Dollar has strengthened, with the Dollar Index back above 100.00, as Middle East energy infrastructure attacks lift Brent above USD115 and raise global supply concerns.

United Kingdom BoE MPC Vote Rate Unchanged came in at 9, above expectations (7)

United Kingdom BoE Interest Rate Decision meets expectations (3.75%)