Germany Unemployment Change below expectations (2K) in February: Actual (0K)
Germany Unemployment Change below expectations (2K) in February: Actual (0K)
ECB: War-driven energy shock shapes rate path – Nomura
Nomura analyst Andrzej Szczepaniak argues that March Euro area inflation will not significantly alter the ECB’s near-term policy stance. They expect policy rates to stay unchanged through Q4 2027, with the Iran war and its impact on Brent crude and energy prices now the key driver of ECB decisions.
Germany Unemployment Rate s.a. in line with expectations (6.3%) in February
Germany Unemployment Rate s.a. in line with expectations (6.3%) in February
Gold sticks to modest gains above $4,550 as traders assess prospects of Iran ceasefire
Gold (XAU/USD) moves further away from a one-and-a-half-week high, touched earlier this Tuesday, and trades just above the $4,550 level during the first half of the European session, still up for the third straight day.
Brent: Forecast lifted with $150 risk – Societe Generale
Societe Generale’s commodities team has revised its Oil outlook, warning Brent could spike towards $150/bbl in a higher‑for‑longer scenario if the Strait of Hormuz is shut for two months.
India Federal Fiscal Deficit, INR climbed from previous 9814.07B to 12526.49B in February
India Federal Fiscal Deficit, INR climbed from previous 9814.07B to 12526.49B in February
EUR/CAD holds gains near 1.6000 as oil eases, Eurozone HICP eyed
EUR/CAD has recovered its recent losses from the previous trading day, hovering around 1.5990 during the European hours on Tuesday.
Silver Price Forecast: XAG/USD trades above $72.00; bears retain control below 100-day SMA
Silver (XAG/USD) retreats from a four-day high, around mid-$73.00s touched earlier this Tuesday, though it sticks to positive bias for the third straight day. The white metal trades just above the $72.00 mark during the first half of the European session, up 3.0% for the day.
USD/JPY: Early hike risk grows with 160 test – Standard Chartered
Standard Chartered’s Nicholas Chia and Chong Hoon Park note that new Bank of Japan (BoJ) data show underlying inflation near or above target and a positive output gap, while USD/JPY testing 160 raises the risk of earlier rate hikes than their current Q3 baseline.
EUR/GBP Price Analysis: Euro recovery finds resistance at 0.8700
The Euro (EUR) is pulling back against the British Pound on Tuesday, trimming some gains after rallying by more than 0.5% over the previous two days.
WTI falls to near $99.50 as Trump truce hopes ease supply fears
West Texas Intermediate (WTI) oil price halts its four-day winning streak, trading around $99.60 per barrel during the Asian hours on Tuesday. Crude oil prices weaken on growing speculation that US President Donald Trump could end the Iran conflict, easing fears of prolonged supply disruptions.
Turkey Trade Balance above expectations (-9.2B) in February: Actual (-9.03B)
Turkey Trade Balance above expectations (-9.2B) in February: Actual (-9.03B)