Author: Admin

The UK Office for National Statistics (ONS) will release the February Consumer Price Index (CPI) figures on Wednesday at 07:00 GMT, a print that will matter for markets. Consensus expectations point to inflation pressures keeping their grasp on the economy.UK consumer inflation remains one of the most important inputs for the Bank of England (BoE) and typically carries real weight for the British Pound (GBP). Following the latest hawkish hold by the BoE on March 19, investors now anticipated the ‘Old Lady’ to hike its policy rate at its April 30 gathering.What to expect from the next UK inflation report?Headline…

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“Gold is doing what gold does best — acting as a barometer of uncertainty.” — James Wilson, CEO of Alchemy Resources, on how global economic and geopolitical uncertainty continues to push investors toward gold. Gold and silver prices in Australia in 2026 have started on a strong note. In just the first few weeks of January, prices have moved higher, catching the attention of investors and Australians in Brisbane. Many people are asking what is driving this rise and how long it will continue. The simple answer is uncertainty. Around the world, there are still concerns about inflation, high government…

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Brown Brothers Harriman’s (BBH) Elias Haddad highlights that USD/JPY is trading directionless just below 159.00 as Japanese inflation slowed in February but is expected to rebound. Despite softer headline and core CPI, underlying inflation remains above the Bank of Japan’s (BoJ) fiscal 2026 projection. Strong spring wage negotiations are seen justifying a resumption of BoJ rate hikes at the April 28 meeting.Sticky wages support policy normalization”USD/JPY is directionless just under 159.00. Japan inflation slows in February before expected to rebound in the months ahead. Both headline and core CPI ex. fresh food fell more than anticipated to near four-year lows…

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S&P 500 didn‘t add much to Thursday‘s bounce, and started to roll over early in the European session. First slowly, then suddenly as the saying goes – with Nasdaq clearly losing its outperformance. Pretty understandable that it took a while during triple witching for the real move to establish itself, but in the latter half of the session it clearly did, taking breadth mettrics along (the short-term ones were showing signs of stabilization, but all the minute and intermarket observations could have been reduced to how 6,620 area reacts, and whether the 6,590s would trigger a rebound – what was…

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MON: Italian Judicial Referendum, Japanese CPI (Feb) TUE: BoJ Minutes (Jan), EZ/UK/US Flash PMIs (Mar) WED: Riksbank Minutes, ECB Wage Tracker, UK Inflation (Feb), German Ifo Survey (Mar), US Durable Goods (Feb) THU: Norges Bank Policy Announcement, German GfK Consumer Confidence (Apr) FRI: UK Retail Sales (Feb), Moody’s on Italy JAPANESE CPI (MON): National CPI for February is due on 23 March at 23:30 GMT (24 March 08:30 JST). Headline inflation eased to 1.5% Y/Y in January, its lowest since March 2022 and below the BoJ’s 2% target. The BoJ held its policy rate at 0.75% on 19 March, with…

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A Reuters poll revealed that the Bank of Mexico, also known as Banxico, is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war.If Banxico keeps rates unchanged, it would be the second consecutive time the central bank has opted for a wait-and-see approach, after reducing rates 12 times since the easing cycle began.The survey revealed that 16 of 28 economists expect Mexico’s main reference rate to remain unchanged, while a minority of participants — including analysts at Goldman Sachs and JPMorgan — project a resumption of Banxico’s easing cycle,…

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