USD: Inflation shock risk from Hormuz blockade – MUFG
MUFG’s Derek Halpenny argues that the ongoing United States (US) blockade in the Strait of Hormuz is building a significant inflation shock for the US and globally, with Oil and…
Economics Week Ahead – ActionForex
United States: FOMC (Wednesday), Personal Income & Spending (Thursday) G10 Economies: Bank of Japan (Tuesday), Bank of Canada (Wednesday), Bank of England (Thursday), European Central Bank (Thursday) Emerging Markets: Brazilian…
US: Revenue resilience after IEEPA ruling – Standard Chartered
Standard Chartered economists Dan Pan and Steve Englander assess the impact of the United States (US) Supreme Court’s IEEPA ruling on US tariff revenue. They note that tariff income has…
Bank of Canada Expected to Keep Rates Unchanged as GDP Tracks Modest Growth
The focus will be on the Bank of Canada’s decision on interest rates on Wednesday amid rising consumer prices, followed February’s gross domestic product print on Thursday. We expect the…
Iran’s Araghchi tours three capitals; is Trump boxed in?
Iran's Foreign Minister Abbas Araghchi landed in Islamabad on Friday evening to open the long-delayed second round of talks with the US, and special envoy Steve Witkoff and senior adviser…
Germany: Growth hit by energy shock – Commerzbank
Commerzbank’s Chief Economist Dr. Jörg Krämer argues that the sharp fall in the Ifo Business Climate Index underlines how severely the energy price shock is weighing on the German economy.…
Azerbaijan’s state oil fund sells nearly 22 tonnes of gold in Q1
Azerbaijan’s state oil fund sells nearly 22 tonnes of gold in Q1Central bank gold demand continues to play an important role in the global marketplace; however, price action has been…
NZD/USD rises as US Dollar weakens on renewed US-Iran talks hopes
The New Zealand Dollar (NZD) gains traction against the US Dollar (USD) on Friday as the Greenback weakens amid renewed hopes for US–Iran talks after stalled negotiations. At the time…
#Gold is boring again, but that’s the point
#Gold is boring again, but that’s the pointAfter unprecedented attention and enthusiasm at the start of the year, the gold market has settled into a quieter phase - okay, lets…
Gold rebounds as Iran-US deal hopes drive upside
Gold (XAU/USD) price recovers some ground on Friday, extending its gains above $4,700 as market sentiment remains upbeat amid headlines from Iran and the US pointing to a resumption of…
