Singapore Foreign Reserves (MoM) climbed from previous 416.1B to 419.2B in March

ECB: Focus on expectations as Oil shock bites – Commerzbank

Commerzbank’s Chief Economist Dr. Jörg Krämer argues that the European Central Bank should respond to the recent Oil price shock by prioritizing long-term inflation expectations. He notes that higher energy costs are both lifting inflation and weighing on growth, creating a policy dilemma.
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Gold: Central bank demand supports downside floor – ING

ING analysts Ewa Manthey and Warren Patterson highlight that central banks have resumed strong Gold buying, with February net purchases led by Poland and continued accumulation by China, Czech Republic and others.
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