Trading news

Nordea’s Chief Analyst Jan von Gerich says the European Central Bank (ECB) kept rates unchanged but signalled greater readiness to tighten if higher energy prices feed into broader inflation.

Rabobank’s Senior Macro Strategist Stefan Koopman notes that the Bank of England (BoE) kept Bank Rate at 3.75% but adopted a distinctly hawkish tone as a renewed energy shock lifts inflation projections.

TD Securities strategists note that a more hawkish Bank of England (BoE), including removal of its easing bias and discussion of potential hikes, produced only modest Pound (GBP) gains versus the Dollar (USD).

United States EIA Natural Gas Storage Change below forecasts (39B) in March 13: Actual (35B)

AUD/USD trades around 0.7050 on Thursday, up 0.34% on the day, supported by the resilience of the Australian Dollar (AUD) following the release of Australia’s employment data.

HSBC strategists Jose Rasco and Michael Zervos say the Federal Reserve kept the funds rate at 3.50%-3.75% and signalled a clear wait-and-see stance.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the March policy meeting and responds to questions from the press.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the March policy meeting and responds to questions from the press.

ING’s Global Head of Macro, Carsten Brzeski, notes that the European Central Bank kept interest rates unchanged and is in no rush to hike, despite war in the Middle East and higher Oil prices.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the March policy meeting and responds to questions from the press.

Rabobank highlights that the FOMC’s March projections show higher PCE and core PCE inflation at 2.7% in 2026, yet unchanged median rate dots, implying only a temporary inflation shock.

United States Wholesale Inventories came in at -0.5% below forecasts (0.2%) in January

United States New Home Sales (MoM) below forecasts (0.72M) in January: Actual (0.587M)

United States New Home Sales (MoM) registered at 587M above expectations (0.72M) in January

According to Reuters, QatarEnergy’s CEO has confirmed significant damage to key facilities, taking around 17% of the country’s LNG exports offline, roughly 12.8 million tonnes per year, for what could be three to five years.

GBP/JPY trades with a downside bias on Thursday as the Japanese Yen (JPY) strengthens broadly following the Bank of Japan’s (BoJ) monetary policy decision, while the British Pound (GBP) struggles to gain ground against the Yen despite showing relative strength against other major currencies after th

Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is quiet against the Dollar, lagging most G10 peers as yield spreads move in favor of the USD after the Fed and Bank of Canada (BoC) meetings.

TD Securities’ Senior Commodity Strategist Daniel Ghali warns that Gold faces a challenging backdrop as Middle Eastern conflict strains official sector demand and Commodity Trading Advisors (CTA) keep selling.

Brown Brothers Harriman’s Elias Haddad highlights that an escalating Iran war-driven energy shock, combined with a restrictive Federal Reserve and tightening bias at other central banks, is pressuring risk assets and supporting the Dollar.

Eurozone ECB Main Refinancing Operations Rate meets expectations (2.15%)