Germany Harmonized Index of Consumer Prices (MoM) in line with expectations (1.2%) in March
Germany Harmonized Index of Consumer Prices (MoM) in line with expectations (1.2%) in March
Germany Consumer Price Index (MoM) above expectations (0.9%) in March: Actual (1.1%)
Germany Consumer Price Index (MoM) above expectations (0.9%) in March: Actual (1.1%)
Aluminium: Supply shock supports prices – ING
ING’s Ewa Manthey and Warren Patterson note Aluminium has rallied after Iranian attacks damaged major producers EGA and Alba, compounding existing curtailments in Gulf capacity.
Trump says US holding talks with new regime in Iran, warns of strikes if deal fails
US President Donald Trump said on Monday that the United States (US) is engaged in “serious discussions” with what he described as a “new and more reasonable regime” in Iran, while warning that Washington could launch massive strikes on the country’s key energy infrastructure if a deal is not reache
Brent: War premium drives gains – Danske Bank
Danske Research Team highlights that escalating Middle East tensions and US policy signals are lifting Oil prices, with Brent Crude trading near 115 USD/bbl in early Asian dealings.
EUR: Sentiment weakens as Dollar holds highs – BNY
BNY’s Head of Markets Macro Strategy Bob Savage points out that the Euro has been under pressure, with EUR/USD near 1.15 as EU and Euro area economic sentiment indices fall further below 100.
USD/CAD extends six-day advance as geopolitical tensions bolster US Dollar
USD/CAD trades around 1.3910 on Monday at the time of writing, up 0.12% on the day and extending its winning streak to six consecutive days. The pair is supported by a stronger US Dollar (USD) amid rising geopolitical tensions in the Middle East.
USD/JPY: Policymakers eye intervention and BoJ hikes – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes that the Japanese Yen has rebounded, pulling USD/JPY back below 160.00 after verbal warnings from Japan’s currency authorities.
Iran warns against linking Ukraine war to Iran-US-Israel tensions
Iran’s Foreign Ministry spokesperson Esmail Baghaei delivered several statements on Monday reported by Reuters, warning against what he described as a “catastrophic miscalculation” in attempts to link the war in Ukraine to the conflict involving Iran, the United States and Israel.
India Cumulative Industrial Output climbed from previous 4% to 4.1% in February
India Cumulative Industrial Output climbed from previous 4% to 4.1% in February
India Industrial Output registered at 5.2% above expectations (4.7%) in February
India Industrial Output registered at 5.2% above expectations (4.7%) in February