News/Event
The economy of New Zealand expanded 0.2% on quarter in Q4 2025, slowing from a 0.9% rise in Q3 but remaining below forecasts of 0.4%.Rental, hiring, and real estate services rose 0.8% and made the largest upward contribution to growth, driven by rental and hiring services and non-residential proper…
New Zealand’s economy expanded by 1.3% year-on-year in the three months to December 2025, marking its second consecutive annual growth.This followed a 1.1% expansion in the previous period and was less than the expected 1.7% growth.The rebound was driven by a recovery in primary industries, led by…
The Fed left the federal funds rate steady at the 3.5%–3.75% target range for a 2nd consecutive meeting in March 2026, in line with expectations.Policymakers noted that economic activity has been expanding at a solid pace, job gains have remained low while inflation remains somewhat elevated.The im…
By Georgina McCartney and Siddharth Cavale The discount for U.S. crude futures versus Brent on Wednesday hit the widest in 11 years, as attacks on Middle Eastern oil infrastructure drove the global benchmark higher while rising supply in the U.S. set the stage for a jump in oil exports. T…
By Brett ArendsFed Chair Jerome Powell, who remembers 1970s stagflation, is determined to prevent that from happening again.The energy crisis is going to hit you in your 401(k) as well as in your gas tank if Jerome Powell is right.Stock and bond funds both fell Wednesday after the Federal Reserve c…
WASHINGTON (MaceNews) – The following is a rough transcript of Federal Reserve Chair Jerome Powell’s post Federal Open Market Committee news conference Wednesday:Powell>> Good afternoon, my colleagues and I remain squarely focused on achieving our dual mand goals for the maximum employment for the…
Wall Street ended sharply lower on Wednesday as investors reacted to the Federal Reserve’s decision to hold interest rates steady, rising inflation pressures, and escalating geopolitical risks linked to the Middle East conflict.Major US indexes extended losses following the Fed’s announcement and f…
Net foreign acquisitions of long-term securities, short-term United States securities, and banking flows was a net TIC outflow of $25.0 billion in January 2026.Of this, $76.1 billion came from private foreign investors, while $51.1 billion came from foreign official institutions.Foreign residents f…
By Caitlin McCabeStocks closed near session lows after Federal Reserve Chair Jerome Powell said rising oil prices could heighten inflation expectations and hurt U.S. growth.The Dow Jones Industrial Average slid 769 points, or 1.6%, after Powell said the U.S. economy was experiencing "an energy shoc…
On Wednesday, the Federal Reserve held the policy rates, while the US wholesale inflation surged. Trump administration also allowed a waiver permitting foreign-flagged vessels to transport fuel between domestic ports to address price pressures and supply disruptions linked to the Iran conflict.US F…
US STOCKS DROP AS FED FORESEES HIGHER INFLATIONStocks slid on Wednesday after the Federal Reserve projected higher inflation but maintained expectations for only a single reduction in borrowing costs this year, after data earlier showed that producer prices also rose more than expected in February…
On Wednesday, the Federal Reserve held the policy rates, while the US wholesale inflation surged. Trump administration also allowed a waiver permitting foreign-flagged vessels to transport fuel between domestic ports to address price pressures and supply disruptions linked to the Iran conflict.US F…
The Canadian dollar depreciated to the 1.37 per USD mark in March, its weakest in nearly two months as deteriorating geopolitical tensions in the Middle East drove global markets to find safety in the greenback, while investors assessed the policy outlooks between the Bank of Canada and the Federal…
By WSJ StaffStocks fell to session lows after Federal Reserve Chair Jerome Powell said rising oil prices could increase price pressures and hurt U.S. growth, which some analysts said fear could restrain future rate cuts. The S&P 500 extended declines to around 1%."We had the tariff shock, we had th…
By Caitlin McCabeFed Meeting Today: Central Bank Holds Rates SteadyStocks are trading near session lows after Federal Reserve held interest rates steady and preserved a path to cutting rates this year amid a backdrop of high oil prices, above-target inflation and a sluggish labor market.Officials v…
By Konrad PutzierWhile short-term inflation expectations are up amid the war, long-term inflation expectations are "right where they need to be," Fed Chair Jerome Powell said. He added that the Fed would pay close attention to surveys as higher prices due to the war filter through to consumers to s…
The GBP/JPY register losses of 0.20& on Wednesday as investors wait for the Bank of Japan monetary policy decision on Thursday.
BNY’s EMEA Macro Strategist Geoff Yu observes that EM APAC remains the best-held equity region globally despite sharp swings and sector-specific risks such as semiconductors’ helium exposure.
Whether the U.S. Federal Reserve "looks through" the impact of Iran war-induced higher oil prices as it assesses inflation will partly depend on whether there is more progress this year in bringing down core inflation driven by goods prices, Fed Chair Jerome Powell said on Wednesday."The thing that…
The yield on the 10-year US Treasury note remained above the 4.2% mark on Wednesday, trimming its two-session pullback and holding most of its surge since the start of March amid signs that the FOMC is heeding to inflationary risks to the US economy.The Federal Reserve held its rates unchanged, as…
The dollar index hovered around 99.8 on Wednesday as traders assessed the latest monetary policy decision from the Fed.The central bank left the fed funds rate unchanged, as expected, and noted that the effects of the war with Iran remain uncertain.However, it still projects one rate cut this year…
US Federal Reserve officials left interest rates unchanged on Wednesday, maintaining a cautious stance as geopolitical tensions in the Middle East and mixed economic signals complicate the policy outlook.The Federal Open Market Committee (FOMC) voted 11-1 to keep the benchmark federal funds rate in…
By David UbertiFed Chair Jerome Powell on Wednesday said the oil shock stemming from the war with Iran would boost U.S. inflation in the short term. "The implications of events in the Middle East for the U.S. economy are uncertain," he said. "In the near-term, higher energy prices will push up over…
By Lucia Mutikani U.S. producer prices increased by the most in seven months in February, driven by higher costs for services and a range of goods, and could accelerate further as the war in the Middle East boosts oil prices and the pass-through from tariffs persists.The stronger-than-expected P…
Gold futures fell toward $4,880 per ounce on Wednesday as a persistent hawkish hold from the Federal Reserve and elevated Treasury yields countered the safe haven appeal of intensifying Middle Eastern instability.The FOMC maintained the federal funds rate at the 3.5%–3.75% target range for a second…
Silver prices fell toward $76.9 per ounce on Wednesday as a hawkish hold from the Federal Reserve and upwardly revised inflation forecasts heightened the opportunity cost of holding non-yielding precious metals.This downward pressure follows the FOMC decision to maintain the federal funds rate at t…
According to MUFG’s Senior Currency Analyst Michael Wan, Philippine authorities signalled that rate hikes may be considered if Oil price increases and disruptions linked to the Iran war persist.
Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has been little changed in recent months. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate o…
By Caitlin McCabeThe Federal Reserve held interest rates steady and preserved a path to cutting rates this year amid a backdrop of high oil prices, a sluggish labor market and above-target inflation.Officials voted 11-1 to hold the benchmark federal-funds rate in a range between 3.5% and 3.75%, the…
New Zealand Gross Domestic Product (YoY) below expectations (1.7%) in 4Q: Actual (1.3%)
New Zealand Gross Domestic Product (QoQ) came in at 0.2% below forecasts (0.4%) in 4Q
Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has been little changed in recent months. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate o…
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said officials believe that, at present, the…
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said officials believe that, at present, the…
By Matt GrossmanWholesale inflation hit the highest rate in a year last month, the Labor Department reported Wednesday, adding evidence that stubborn price increases persisted in the economy even before the Iran war began.The producer-price index rose 0.7% in February, versus 0.5% in January, yield…
Brazil Interest Rate Decision registered at 14.75% above expectations (14.5%)
Federal National Mortgage Association (FNMA) is slipping this morning as a “significant decline” in mortgage applications raised fresh concerns about housing market momentum.While Fannie Mae remains a cornerstone of US housing market, a fusion of delayed privatization, rising interest rates, and in…
National Retail Federation:
UOB economists Enrico Tanuwidjaja and Vincentius Ming Shen highlight that Bank Indonesia is prioritizing Rupiah stability over rate moves, keeping the policy rate unchanged while tightening FX regulations.
The FTSE MIB fell 0.3% to 44,741 on Wednesday as rising oil prices fueled global stagflation fears, widening the BTP-Bund spread and pressuring financial stocks.UniCredit lost 0.4% amid concerns and conflictual merger talks with Commerzbank.Generali and MPS trade close to the flatline.In contrast…
MUFG’s Senior Currency Analyst Michael Wan argues that Vietnam faces a stagflationary shock if Strait of Hormuz disruptions persist, with higher Oil and energy costs hitting growth and lifting inflation.
The USD/JPY posted solid gains of nearly 0.40% on Wednesday after the Federal Reserve kept interest rates steady, hinting at just one rate cut in 2026. At the time of writing, the pair trades at around 159.60, remaining volatile as the Fed Chair Jerome Powell takes the stand.
By Lucia Mutikani U.S. producer prices increased by the most in seven months in February, driven by higher costs for services and a range of goods, and could accelerate further as the war in the Middle East boosts oil prices and the tariff pass-through persists.The stronger-than-expected Produce…
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said it was too early to determine the econom…
The Federal Reserve (Fed) left its policy rate unchanged at 3.50% to 3.75%, but the overall message from both the statement and Chair Jerome Powell’s press conference leans firmly towards patience rather than any imminent pivot to easing.
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said it was too early to determine the econom…
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said officials believe that, at present, the…
United States Net Long-Term TIC Flows below forecasts ($71.6B) in January: Actual ($15.5B)
United States Total Net TIC Flows down to $-25B in January from previous $44.9B
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said officials believe that, at present, the…
By Giselda Vagnoni Italy is lagging well behind its major European counterparts in terms of female employment, damaging prospects for economic growth and the demographic outlook, an equality report showed.Prime Minister Giorgia Meloni - Italy’s first female premier - has pledged to boost female…
The Bank of Canada held its benchmark interest rate steady on Wednesday, signaling a cautious approach as policymakers balance rising energy-driven inflation pressures against weakening economic growth.Officials led by Governor Tiff Macklem kept the policy rate unchanged at 2.25%, in line with mark…
By Promit Mukherjee and David LjunggrenThe Bank of Canada on Wednesday kept its key policy rate on hold, as expected, but Governor Tiff Macklem warned it was ready to raise borrowing costs if higher energy prices risked turning into persistent inflation.The bank, which has kept its key rate at 2.25…
The NZD/USD pair is trading near the 0.5814 price region, sliding by 0.71% after the Federal Reserve (Fed) kept interest rates unchanged on Wednesday and forecast only one rate cut in 2026, supporting the US Dollar (USD).
By Liz Hampton and Georgina McCartney U.S. crude stocks rose last week, with flows from Venezuela and Mexico hitting their highest levels since 2024, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday.Crude inventories rose by 6.2 million barr…
Argentina Unemployment Rate (QoQ) : 7.5% (4Q) vs 6.6%
The Federal Open Market Committee’s (FOMC) latest dot plot, released on Wednesday, indicates that interest rates will average 3.4% by the end of 2026, in line with the December projection.
After rallying to weekly highs above $75,000, Bitcoin’s price traded sideways throughout the Asian trading hours on Wednesday. The market held its breath ahead of the FOMC meeting and Fed Chair Jerome Powell’s subsequent press conference. However, the release of a hotter-than-expected Producer Pric…
By Promit Mukherjee and David LjunggrenThe Bank of Canada on Wednesday kept its key policy rate on hold, as expected, but Governor Tiff Macklem warned it was ready to raise borrowing costs if higher energy prices risked turning into persistent inflation.The bank, which has kept its key rate at 2.25…
By Chibuike Oguh The U.S. dollar strengthened against other major currencies on Wednesday, clawing back losses from the past two sessions after data showed a more-than-expected increase in U.S. producer prices. The data indicates the Federal Reserve might take longer to cut interest rates amid e…
Gold remains pressured on Wednesday after the Federal Reserve delivered a hawkish hold, with most Fed officials expecting just one rate cut in 2026, contrary to market expectations at the beginning of the year, which priced nearly 60 basis points of easing in mid-February.
AUD/USD trades around 0.7080 on Wednesday, down 0.34% on the day, despite a broadly supportive domestic backdrop for the Australian Dollar.
Silver fell toward $76.8 per ounce on Wednesday to trade at its lowest level in a month as hot US producer inflation and a stronger dollar overshadowed the safe haven appeal of escalating Middle Eastern tensions.This downward movement reflects a market grappling with a 0.7% surge in February wholes…
By Lucia Mutikani U.S. producer prices increased by the most in seven months in February, driven by higher costs for services and a range of goods, and could accelerate further as the war in the Middle East boosts oil prices and the tariff pass-through persists.The stronger-than-expected Produce…
EUR/USD drops by 0.21% on Wednesday as the Federal Reserve left interest rates unchanged, with the Board expecting just 25 basis points of easing towards the end of the year, as depicted in the Summary of Economic Projections(SEP).
The US Dollar Index (DXY) stalled post-Federal Reserve Fed on Wednesday, cycling quickly in place after the Fed delivered a widely-anticipated interest rate hold.
Colombia imposed 35% tariffs on imports of 14 steel and metalworking products from countries with which it does not have free-trade agreements, citing unfair competition threatening its domestic industry.The measure exempts trade partners and preserves supply chains for construction and industry, t…
By Jessica CoacciU.S. factory orders rose in January, the Census Bureau said Tuesday.Orders from U.S. factories rose 0.1% in January to $620.1 billion from $619.1 billion in December. Economists polled by The Wall Street Journal were expecting a 0.2% rise.The report showed that shipments from facto…
The Canadian dollar depreciated to the 1.37 per USD mark in March, its weakest in nearly two months as deteriorating geopolitical tensions in the Middle East drove global markets to find safety in the greenback, while investors assessed the policy outlooks between the Bank of Canada and the Federal…
The S&P/TSX Composite Index fell around 1% to below the 32,650 mark on Wednesday as hot US producer inflation and sharp losses in the mining sector overshadowed the Bank of Canada holding interest rates steady.This downward movement reflects a market grappling with a 0.7% surge in February wholesal…
The yield on Canada’s 10-year government bond recovered toward the 3.4% mark as persistent inflationary pressures in the US and mounting geopolitical tensions in the Middle East drove a broader repricing of global interest rate expectations.This recovery follows a sharp 0.7% surge in the US Februar…
The British pound fell to $1.33 as investors turned to the dollar for safety, spurred by escalating Middle East conflicts and stronger-than-anticipated US PPI data ahead of critical central bank decisions.On Wednesday, Israel’s strikes on Iran’s Asaluyeh refinery and the South Pars gas field, coupl…
New orders for manufactured good in the US inched higher by 0.1% from the previous month to $620.1 billion in January of 2026, trimming the revised 0.4% decline in the previous month and in line with the market consensus.The uptick was carried by a 0.3% increase to $298.7 billion in nondurable good…
By Jessica CoacciU.S. factory orders rose in January, the Census Bureau said Tuesday.Orders from U.S. factories rose 0.1% in January to $620.1 billion from $619.1 billion in December. Economists polled by The Wall Street Journal were expecting a 0.2% rise.The report showed that shipments from facto…
By Gertrude Chavez-Dreyfuss U.S. Treasuries fell on Wednesday after stronger-than-expected producer price data underscored persistent inflation pressures, boosting expectations that the Federal Reserve will delay interest-rate cuts.U.S. yields, which move inversely to prices, rose across the cur…
March 18 (Reuters) - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders.ORDERS - PCT CHANGES: Jan Dec Nov New Orders 0.1 -0.4 2.7 Ex-Transportation 0.4…
By Promit Mukherjee and David LjunggrenThe Bank of Canada on Wednesday kept its key policy rate on hold as widely expected but Governor Tiff Macklem said the central bank was ready to raise rates to prevent higher energy prices becoming persistent inflation.The bank, which has kept its rate at 2.25…
US equities were mostly lower on Wednesday as evidence of higher inflation added to concerns that soaring energy prices could result in stagflation.The S&P 500, Dow, and Nasdaq 100 were up to 0.3% lower.Both headline and core producer inflation rates were sharply above expectations in February, ref…
The euro fell to $1.15 as investors sought safety in the dollar, driven by escalating Middle East tensions and stronger-than-expected US PPI data ahead of pivotal central bank meetings.On Wednesday, Israel targeted Iran’s Asaluyeh refinery and the South Pars gas field, while Iran’s Revolutionary Gu…
US wholesale inflation accelerated to its highest level in a year in February, adding to concerns that price pressures remained high even before the Iran war began. Data released by the US Labor Department on Wednesday showed the producer-price index (PPI) rose 0.7% month-on-month, up from 0.5% in…
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said officials believe that, at present, the…
Gold (XAU/USD) tumbles by more than 2.20% on Wednesday as tensions in the Middle East rise and US inflation edges up, which could deter the Federal Reserve from easing policy. At the time of writing, the XAU/USD trades at $4,878 after hitting a daily high of $5,016.
DXY edged up about 0.3% on Wednesday, trading around 99.85 in a session dominated by the hotter-than-expected Producer Price Index (PPI) print ahead of Wednesday's Federal Reserve (Fed) decision.
The Dow Jones Industrial Average fell nearly 1% on Wednesday, shedding over 450 points as a hotter-than-expected Producer Price Index (PPI) print landed on the same day as the Federal Open Market Committee (FOMC) rate decision.
US stock opened lower on Wednesday after hotter-than-expected inflation data and rising oil prices dampened investor sentiment ahead of the Federal Reserve’s policy decision.Dow Jones Industrial Average fell about 169 points, or 0.36%, while S&P 500 fell 0.31% and Nasdaq 100 declined roughly 0.26…
The yield on the UK’s 10-year gilt climbed toward 4.7%, approaching last week’s six-month peak of 4.78%, as soaring energy prices intensified inflation concerns.Oil prices extended their rally on Wednesday after Iran’s Revolutionary Guard issued evacuation warnings for oil facilities in Saudi Arabi…
By Promit Mukherjee and David Ljunggren OTTAWA, March 18 (Reuters) - The Bank of Canada on Wednesday kept its key policy rate on hold as widely expected but Governor Tiff Macklem said the central bank was ready to raise rates to prevent higher energy prices becoming persistent inflation. The…
OTTAWA, March 18 (Reuters) - The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. "The war in the Middle East has increased volatility in global en…
By Paul VieiraOTTAWA--The Bank of Canada on Wednesday left its policy rate unchanged at 2.25%, and warned of painful economic repercussions from a prolonged and wider war in the Middle East.In its latest policy decision, Bank of Canada Gov. Tiff Macklem said officials believe that, at present, the…
Germany’s 10-year Bund yield climbed to 2.93%, approaching last week’s over two-year high of 2.99%, as renewed attacks in the Middle East reignited inflation concerns ahead of key central bank meetings.Oil resumed its rally after Israel struck Iran’s Asaluyeh refinery and the South Pars gas field…
Italy’s 10-year BTP yield rose above 3.7%, inching closer to last week’s 11-month peak of 3.81%, as renewed Middle East tensions reignited inflation concerns ahead of key central bank meetings.Oil prices spiked after Israel struck Iran’s Asaluyeh refinery and the South Pars gas field, while Iran’s…
France’s 10-year OAT yield rose to 3.6%, approaching Friday’s 14-year high of 3.67%, as fresh Middle East attacks revived inflation worries ahead of major central bank decisions.Oil prices surged after Israel targeted Iran’s Asaluyeh refinery and the South Pars gas field, while Iran’s Revolutionary…
The index for final demand services rose 0.5% in February, according to the latest PPI reading released by the Bureau of Labor Statistics. While tariff-related price increases have largely appeared in goods, services inflation is less directly exposed to those pressures. ([email protected]; @j…
Futures tracking the S&P/TSX Composite Index fell on Wednesday as rising oil prices reignited global inflation fears, with investors awaiting rate decisions from the US Fed and Bank of Canada.Middle East tensions continue to pressure global supplies, lifting bond yields and weighing on credit deman…
The dollar index strengthened to around 99.9 on Wednesday after falling to 99.5 early in the session, as concerns over persistent inflationary pressures intensified.Oil prices climbed again after Iran reported that some of its energy facilities had come under attack, adding to inflation worries.Mea…
ING’s Frantisek Taborsky notes that Central and Eastern European FX has benefited from improved global risk sentiment, even as elevated energy prices still imply some inflation.
Futures tracking US equities erased gains to hover below the flatline on Wednesday after fresh data indicated sharp traction in domestic producer prices, adding to concerns of higher rates by the Federal Reserve.The three main averages were below the flatline.Both headline and core producer inflati…
The yield on the US 10-year Treasury note rose to 4.2% on Wednesday after briefly touching 4.17% earlier in the session, as concerns over persistent inflationary pressures intensified.Oil prices climbed again after Iran reported that some of its energy facilities had come under attack, adding to in…
US STOCK FUTURES RETREAT ON HOT PPI, FED IN FOCUSThe main U.S. equity index futures are red after the release of the latest producer price index (PPI) data.E-mini S&P 500 futures CME_MINI:ES1! are now down around 0.45% on the day vs. roughly flat just before the data came out. The futures were litt…
By Jessica CoacciThe U.S. producer price index rose 0.7% in February from the prior month, falling outside a range of historical Wall Street Journal forecasts for the indicator.However, excluding food and energy, February prices rose 0.5% from January, a reading that was inside a range of historica…
By Matt GrossmanWholesale inflation hit the highest rate in a year last month, the Labor Department reported Wednesday, adding evidence that stubborn price increases persisted in the economy even before the Iran war began.The producer-price index rose 0.7% in February, versus 0.5% in January, yield…
U.S. Treasury yields drifted higher on Wednesday after stronger-than-expected producer price data underscored persistent inflation pressures, bolstering expectations that the Federal Reserve will delay interest rate cuts.The U.S. Producer Price Index for final demand surged 0.7% last month, lifted…
US producer prices rose 0.7% month-over-month in February 2026, above 0.5% in January and much higher than forecasts of 0.3%.It is the biggest increase in producer prices in seven months, with goods prices soaring 1.1% the most since August 2023, led by a 48.9% jump in prices for fresh and dry vege…
Core producer prices in the United States, which exclude food and energy, rose by 0.5% from the previous month in February 2026, slowing from a 0.8% advance in January but surpassing market forecasts of a 0.3% rise Final demand goods prices excluding food and energy went up 0.3%, down from 0.7% in…
Foreign investors purchased C$46.7 billion of Canadian securities in January 2026, rebounding from a C$5.8 billion disinvestment in December.The rebound was led by record foreign investment in Canadian bonds of C$51.3 billion, which was partially offset by a C$10.2 billion divestment in money marke…
EUR/USD recovers part of its earlier decline on Wednesday as the US Dollar (USD) eases slightly from daily highs, offering modest support to the Euro (EUR) ahead of the Federal Reserve’s (Fed) interest rate decision at 18:00 GMT.
The Bank of Canada (BoC) opted to keep its policy rate at 2.25%, as anticipated, though the accompanying statement reflected a more complex view, influenced by a dimmer growth forecast and the potential for inflation to climb in the near future.
By Jeffry BartashProducer price index has risen 3.4% in past yearHigher wholesale prices suggest inflation is still rising faster than usual.The cost of wholesale goods and services rose at an accelerated pace in February for the third month in a row, underscoring the challenge faced by the Federal…
U.S. producer prices increased more than expected in February, and could accelerate further as the war in the Middle East boosts oil prices and the import pass-through persists. The Producer Price Index for final demand surged 0.7% last month, lifted by services, after an unrevised 0.5% rise in…
The world’s leading global index provider, S&P Dow Jones Indices, has licensed the S&P 500 to Trade[XYZ] (XYZ) in a move to offer a licensed perpetual derivative contract based on the index on the decentralized cryptocurrency exchange, Hyperliquid.
BNY’s EMEA Macro Strategist Geoff Yu highlights that Latin American sovereign bonds remain the best-held global segment, with holdings still about 14% above their 12‑month average and no underheld currencies in the region.
The GBP/USD fell 0.21% on Wednesday following the release of a hot US inflation report, prompting investors to cut their dovish bets on the Federal Reserve. At the time of writing, the pair trades at around 1.3320.
Russia Producer Price Index (MoM) climbed from previous -2.5% to 0.5% in February
Russia Producer Price Index (YoY) declined to -5.2% in February from previous -5%
Commerzbank’s Michael Pfister expects the Brazilian central bank to start its cutting cycle, with consensus looking for an initial move after a long hold at 15%. He sees scope for a 25 or 50 basis point cut and anticipates the pace to accelerate later in 2026.
Global investors remained cautious but steady on Wednesday as they tracked the Federal Reserve, easing oil prices and gains across Asian equities.The backdrop remained fragile, with the Iran conflict clouding the rate outlook, crude slipping on a surprise US inventory build, and Mitsui O.S.K. share…
The yield on the US 10-year Treasury note fell to around 4.18% on Wednesday, marking a third consecutive session of declines as investors awaited the latest Federal Reserve policy decision.The central bank is widely expected to leave interest rates unchanged, with traders focused on guidance from C…
The annual inflation rate in Austria rose to 2.2% in February 2026 from a thirteen-month low of 2% in the previous month, confirming preliminary estimates.Services remained the main inflation driver, led by restaurants and accommodation, which rose 5.1%.Tobacco prices also jumped 8.8%, while food i…
Gold hovered around $5,000 per ounce on Wednesday, staying near its lowest level in a month, as investors continued to assess the impact of fluctuating oil prices on inflation ahead of the Federal Reserve’s monetary policy decision.With the Fed widely expected to leave interest rates unchanged late…
Staff WriterEgypt’s ready-made garments sector recorded solid growth at the start of 2026, with exports rising by 11% year-on-year in January, according to the Apparel Export Council of Egypt (AECE).Export shipments reached $299m in January 2026, compared with $270m in the same month of 2025, refle…
US producer prices are expected to rise by 0.3% month-over-month in February 2026, below 0.5% in January and the least in three months.Core PPI, which excludes food and energy, is also forecast to increase by 0.3%, compared with a 0.8% jump in the previous month.On an annual basis, headline produce…
Silver traded near $79 per ounce on Wednesday, holding losses from the previous session as investors awaited the latest US Federal Reserve policy decision while assessing inflation risks from the Iran conflict.The Fed is widely expected to keep interest rates unchanged, with traders focused on guid…
Hong Kong stocks fell 32 points, or 0.1%, to 25,897 in Wednesday morning trade, reversing gains from the prior two sessions as weakness in tech and consumer shares weighed.Sentiment was hit by a fifth straight decline in mainland markets, with traders cautious ahead of China’s lending rate fix on F…
The Eurozone’s annual inflation rate was confirmed at 1.9% in February 2026, up from January’s 16-month low of 1.7%, driven by a notable acceleration in services inflation, which climbed to 3.4% from 3.2%, and a pickup in non-energy industrial goods inflation, rising to 0.7% from 0.4%.Meanwhile, fo…
The Westpac McDermott Miller Consumer Confidence Index in New Zealand fell to 94.7 in Q1 2026 from 96.5 in Q4 2025, signalling households became more pessimistic about economic conditions.The survey was conducted in the first two weeks of March, the same time as the war in the Middle East broke out…
The Westpac–Melbourne Institute Leading Economic Index edged lower 0.1% month-on-month in February 2026, following a flat reading in the previous month.Meanwhile, the six-month annualized growth rate, which indicates the likely pace of economic activity relative to trend three to nine months into t…
The Japanese yen traded around 159 per dollar on Wednesday, holding gains from earlier in the week as investors looked ahead to the meeting between Prime Minister Sanae Takaichi and US President Donald Trump this week.Takaichi faces a diplomatic balancing act after Trump initially urged Japan to de…
The dollar index hovered around 99.5 on Wednesday after falling for two consecutive sessions, as investors awaited the latest Federal Reserve policy decision.The central bank is widely expected to keep interest rates unchanged, with traders watching for guidance from Fed Chair Jerome Powell on how…
European natural gas futures dropped below €51 per MWh as Iraq struck a deal with Kurdistan to resume oil exports through a pipeline to Turkey’s port of Ceyhan, bypassing the Strait of Hormuz, while the US intensified efforts to reopen the key route by targeting Iranian missile sites.Around 20% of…