United States Housing Price Index (MoM) in line with expectations (0.1%) in January
United States Housing Price Index (MoM) in line with expectations (0.1%) in January
WTI Crude Oil pulls back on Iran de-escalation hopes as markets eye API inventory draw
West Texas Intermediate (WTI) US Oil trades around $99.60 on Tuesday, down 2.30% on the day at the time of writing, ending a four-day winning streak as markets react to signs that geopolitical tensions in the Middle East could ease.
United States Redbook Index (YoY) up to 6.9% in March 27 from previous 6.7%
United States Redbook Index (YoY) up to 6.9% in March 27 from previous 6.7%
Canada Gross Domestic Product (MoM) above forecasts (0%) in January: Actual (0.1%)
Canada Gross Domestic Product (MoM) above forecasts (0%) in January: Actual (0.1%)
Fed: Liquidity rule changes reshape lender-of-last-resort role – BNP Paribas
BNP Paribas analyzes US plans to ease bank liquidity rules to help restore the Federal Reserve’s (Fed) lender-of-last-resort function and potentially enable further balance sheet reduction.
AUD/NZD: Pullback seen as chance to re‑enter longs – TD Securities
TD Securities remains constructive on AUD/NZD, viewing recent weakness as a correction within an ongoing uptrend.
INR: Realized flows show heavy selling – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes that the Indian Rupee (INR) faces continued pressure, recording the highest level of realized selling among Asia-Pacific (APAC) currencies in March.
Trump criticizes UK and France, urges allies to secure their own Oil routes
In a series of posts on Truth Social, US President Donald Trump criticized several US allies, including the United Kingdom (UK) and France, over their position following the recent US operation targeting Iran.
South Africa Trade Balance (in Rands) rose from previous 9.31B to 36.92B in February
South Africa Trade Balance (in Rands) rose from previous 9.31B to 36.92B in February
JPY: BoJ may advance hike on Iran conflict risk – Commerzbank
Commerzbank’s Volkmar Baur says Japan’s inflation outlook remains contained, with core prices still within the Bank of Japan’s (BoJ) 2% target range and second‑round effects not yet visible.
GBP/JPY Price Analysis: Pound remains weak below 211.00
The Pound Sterling (GBP) is posting a fragile recovery attempt against the Japanese Yen (JPY) on Tuesday, following Monday’s sharp reversal. The pair found support at 210.00 on Monday, but recovery attempts remain limited below a previous support level around 211.00.
USD: Energy shock supports strength as Fed stays cautious – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes the US Dollar is trading at its strongest levels since May last year as the Middle East conflict fuels concerns over a prolonged energy price shock that could hit global growth outside the US harder.