United Kingdom Retail Price Index (MoM) came in at 0.4% below forecasts (0.5%) in February
United Kingdom Retail Price Index (MoM) came in at 0.4% below forecasts (0.5%) in February
United Kingdom Consumer Price Index (YoY) in line with expectations (3%) in February
United Kingdom Consumer Price Index (YoY) in line with expectations (3%) in February
United Kingdom Retail Price Index (YoY) came in at 3.6%, below expectations (3.7%) in February
United Kingdom Retail Price Index (YoY) came in at 3.6%, below expectations (3.7%) in February
Sweden Producer Price Index (MoM): 0.2% (February) vs previous 2.4%
Sweden Producer Price Index (MoM): 0.2% (February) vs previous 2.4%
Sweden Producer Price Index (YoY) rose from previous -2% to -1.7% in February
Sweden Producer Price Index (YoY) rose from previous -2% to -1.7% in February
EUR/USD: Options signal pre-war regime – Commerzbank
Commerzbank’s Michael Pfister analyses EUR/USD options, noting that since the Iran conflict the relationship between implied volatility and risk reversals has reverted towards its pre–"Liberation Day" pattern.
ECB: Hawkish tone expected as hike doubts persist – Commerzbank
Commerzbank strategist Hauke Siemßen argues that ECB expectations will dominate trading, with forwards now fully pricing the first rate hike by September and only a 50% chance of another move by year-end.
EUR/USD struggles to extend recovery above 1.1550, Fed’s policy remains in focus
The EUR/USD pair faces slight pressure near 1.1550 during the European trading session on Wednesday after a two-day recovery move. The major currency pair struggles as the US Dollar strives to regain ground ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
Brent: Elevated conflict risk supports higher path – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong revise their Brent Oil profile higher as the US–Iran conflict keeps the Strait of Hormuz effectively shut and Oil flows near a standstill.
Oil: Volatility eases as supply headlines shift – Deutsche Bank
Deutsche Bank analysts highlight that Brent Oil remains above $100 but daily trading ranges have narrowed, signalling some easing in volatility.
NZD/USD attempts to break key hurdle of 0.5870 ahead of Fed’s policy
The NZD/USD pair strives to extend its recovery move above 0.5870 during the European trading session on Wednesday. The Kiwi trades higher as the US Dollar (USD) struggles to gain ground ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
Austria HICP (YoY) increased to 2.3% in February from previous 2%
Austria HICP (YoY) increased to 2.3% in February from previous 2%