市场新闻

France Producer Prices (MoM) meets expectations (-0.2%) in February

France Consumer Spending (MoM) came in at -1.4% below forecasts (-0.2%) in February

France Consumer Price Index (EU norm) (YoY) in line with expectations (1.9%) in March

The GBP/JPY cross attracts fresh sellers following an intraday uptick to the 211.22 area and retreats to the lower end of its daily range during the early part of the European session on Tuesday.

France Consumer Price Index (EU norm) (MoM) up to 1.1% in March from previous 0.7%

The EUR/JPY pair trades with caution around 182.90 during the early European trading session on Tuesday.

Rabobank’s Global Strategist Michael Every notes the Reserve Bank of Australia (RBA) minutes stress that it is not possible to predict the cash rate path with confidence given Middle East conflict uncertainty.

German Retail Sales, a key measure of consumer spending, declines again in February. The consumer spending measure contracts 0.6% Month-on-month (MoM), according to official data released by Destatis, while it was expected to have grown 0.2%.

The US Dollar (USD) appreciates for the seventh consecutive day against the Canadian Dollar (CAD) on Tuesday. The pair consolidates gains above 1.3920 at the time of writing, after hitting a fresh 2026 high, at 1.3945 on Monday.

Danske Bank analysts highlight that Japanese inflation is set to pick up on higher Oil prices and a weaker Japanese Yen (JPY), with markets already pricing a strong chance of an April Bank of Japan (BoJ) hike.

Commerzbank’s Michael Pfister argues that, despite a sharper repricing of European Central Bank (ECB) tightening versus the Fed since the latest energy shock, the Euro (EUR) still lags the Dollar (USD) in terms of real policy support.

United Kingdom Current Account came in at £-18.392B, above expectations (£-23.4B) in 4Q