New Zealand Terms of Trade Index above forecasts (-0.7%) in 4Q: Actual (3.7%)

Mar 3, 2026

EUR/USD falls as Middle East tensions lift USD despite hot EZ inflation

EUR/USD edges down during the North American session yet it has bounced off daily lows hit at 1.1530 on heightened tensions in the Middle East, despite a jump on inflation in the Eurozone. The pair trades at 1.1618, down 0.63%.

Indonesia inflation: Temporary surge, oil risks – UOB

UOB economists Enrico Tanuwidjaja and Vincentius Ming Shen note Indonesia’s February CPI jumped to 4.76% year-on-year, above Bank Indonesia’s target, driven by base effects from electricity tariffs, higher Gold prices and food ahead of Ramadan.