Ireland HICP (YoY) meets expectations (3.6%) in March
Ireland HICP (YoY) meets expectations (3.6%) in March
Ireland Consumer Price Index (MoM) up to 1.6% in March from previous 0.9%
Ireland Consumer Price Index (MoM) up to 1.6% in March from previous 0.9%
Ireland HICP (MoM) meets expectations (1.8%) in March
Ireland HICP (MoM) meets expectations (1.8%) in March
Portugal Global Trade Balance dipped from previous €-7.457B to €-7.951B in February
Portugal Global Trade Balance dipped from previous €-7.457B to €-7.951B in February
Fed: FOMC minutes reinforce rate cut path risks – UOB
UOB’s Alvin Liew notes that the March FOMC minutes show a divided Federal Reserve but with most officials more worried about US labor markets than inflation, implying a tilt toward future rate cuts.
WTI Crude Oil returns above $93.00 as concerns about the ceasefire grow
Oil prices have trimmed some of the last two days' losses, and the price of a barrel of the US benchmark West Texas Intermediate (WTI) returned to levels above $93.00 at the time of writing, from lows near $86.00 on Wednesday.
AUD: Preferred G10 relief trade on de-escalation – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlights Australian Dollar (AUD) as the preferred G10 expression of de-escalation and pro-growth after the US-Iran ceasefire.
Brent: Volatile swings with ceasefire doubts – Deutsche Bank
Deutsche Bank strategists highlight sharp volatility in Brent Oil as Middle East ceasefire doubts resurface. Brent initially slumped over 13% to a four-week low near $95, then rebounded above $96 as concerns about Hormuz shipping and ceasefire durability persisted.
Ireland Consumer Price Index (YoY): 3.6% (March) vs 2.7%
Ireland Consumer Price Index (YoY): 3.6% (March) vs 2.7%
Eurozone: Inflation impact from energy shock – Nordea
Nordea’s Group Chief Economist Helge J. Pedersen highlights that Eurozone inflation has risen with higher energy prices but remains well below 2022 levels. He stresses that strong household savings, low unemployment and ongoing investment in infrastructure and defense should cushion growth.
DXY: Range anchored as Fed cut seen – BBH
Brown Brothers Harriman’s Elias Haddad (BBH) notes that interest rate differentials are keeping the US Dollar Index (DXY) in a 96.00–100.00 range, even as recent ceasefire optimism faded on compliance doubts.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $74.11 per troy ounce, down 1.08% from the $74.92 it cost on Wednesday.