Author: Admin

Rabobank’s Jane Foley highlights renewed Swiss Franc strength at the top of the G10 table following tariff-related uncertainty, underlining Switzerland’s classic safe haven credentials. Persistent CHF appreciation is seen as a headwind for exports and investment, with markets pricing only a slim chance of negative SNB rates and some risk of FX intervention. Rabobank trims its 3‑month EUR/CHF forecast to 0.91.Safe haven flows and policy trade offs”The CHF is back at the top of the G10 performance table on a 1-day view on the back of the tariff led uncertainty unleashed last Friday.””In view of the persistence of currency strength,…

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Highlights include NVDA earnings, Australian CPI, Tokyo CPI, PBoC LPR, and BoK   Nvidia Stock MON: German Ifo (Feb)’ TUE: Mainland Chinese markets return from Lunar New Year, PBoC LPR, US ADP Weekly, House Prices (Dec), Consumer Confidence (Feb), Dallas/Richmond Fed (Feb) WED: Australian CPI (Jan), Norwegian Consumer Confidence (Q1), Unemployment (Jan), German GfK (Mar), GDP Final (Q4), Swiss Sentiment (Feb), EZ HICP Final (Jan), Nvidia earnings THU: EZ Consumer Confidence Final (Feb), Mexican Unemployment (Jan), UK Gorton and Denton by-election, BoK FRI: Tokyo CPI (Feb), French, Spanish, German HICP, German Unemployment PBOC LPR (TUE): The PBoC is widely expected…

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DBS Group Research economist Chua Han Teng expects the People’s Bank of China to keep the 1-year Loan Prime Rate at 3.00% on February 24, as January data are still unfolding. The report says policy remains cautiously accommodative, reflected in a lower USD/CNY fixing below 7.0, with reliance on structural tools and broader easing anticipated toward the second half of 2026.Loan Prime Rate seen unchanged for now”The PBOC is expected to keep the 1-year Loan Prime Rate (LPR) unchanged at 3.00%, as January economic data have yet to fully unfold.””The central bank is maintaining a cautiously accommodative monetary policy stance…

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TD Securities analysts note a sharp 1.8% monthly jump in UK Retail Sales and stronger-than-expected PMIs, with gains driven by broad-based demand and higher export orders. Despite better data and improved fiscal numbers, Analysts believe the MPC remains focused on underlying inflation and wages and has likely seen enough to justify a rate cut in March.Solid data yet March cut expected”Retail sales surged 1.8% m/m in January (TDS: 0.1%, mkt: 0.2%), nearly doubling the highest forecast in the Bloomberg survey. Purchases of artwork, antiquities, and gold drove the gain, though growth was seen across most of the major retail categories.…

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