
The U.S. import price index jumped 1.3% month‑over‑month in February, the strongest gain since March 2022, driven by a 3.8% rise in fuel imports and a 1.1% increase in non‑fuel goods. Capital goods such as computers and industrial machinery posted a 1.3% surge, the biggest since the series began in 1988. Export prices also rose sharply, up 1.5% MoM, marking the most significant move since May 2022, while the terms of trade with the EU improved by 2.6%.
The U.S. dollar is stuck in a tight trading range as markets await a fresh catalyst, while U.S. equities rose and Treasury yields slipped. Iran’s announcement to allow non‑hostile ships through the Strait of Hormuz helped lift stocks, lower oil...

DXtrade, Devexperts' multi‑asset trading platform, has integrated Gold‑i’s Visual Edge risk‑management tool, giving brokers real‑time visual analytics, automated alerts and scalper detection. The addition expands DXtrade’s feature set beyond its existing MatrixNET liquidity‑management integration. Brokers can now monitor exposure, P&L...

European Central Bank President Christine Lagarde told a Frankfurt conference that the ECB will act decisively if a surge in energy costs linked to Iran threatens broader inflation. She emphasized the bank will not be "paralyzed by hesitation" and reiterated...

Bulgaria’s switch to the euro was the culmination of a multi‑year overhaul that fortified banks’ balance sheets, upgraded risk‑management practices, and aligned the sector with European standards. The transition unfolded smoothly, with payment systems operating normally and no immediate credit‑risk...

UK inflation held at 3% in February 2026, matching expectations and marking the lowest level since March 2025. While the headline rate was unchanged, clothing and footwear prices rose 0.9% and housing costs ticked up to 4.6%, indicating emerging retail...

The Bank of Papua New Guinea presented its March 2026 outlook, projecting GDP growth of about 3% after a strong 5.3% expansion in 2025 and forecasting headline inflation near 4% despite a fresh Middle‑East energy shock. The Monetary Policy Committee kept...

UK importers buying from China face cost volatility because most Chinese suppliers invoice in US dollars, forcing businesses to manage both GBP/USD and USD/CNY pairs. A 5‑10% swing in the pound can instantly raise cost of goods sold, while freight...

The National Bank of Hungary kept its key policy rate at 6.25% on 24 March, reflecting a hawkish stance amid Middle‑East tensions and an energy‑price shock. Inflation fell to a ten‑year low, but the bank expects it to stabilize around 4%...
The article examines why the Federal Reserve and the Bank of England have taken divergent monetary‑policy paths in response to the Iran‑Israel conflict. While the Fed has kept policy tight, emphasizing inflation control and using liquidity facilities to cushion market...
Goldman Sachs trimmed its 2026 Indian growth outlook to 5.9%, down from a pre‑war 7% estimate, citing higher oil prices and prolonged disruption in the Strait of Hormuz. The bank now projects inflation at 4.6% and expects the Reserve Bank...
Westpac projects Australia’s February CPI to rise 0.1% month‑on‑month, keeping the annual rate at 3.8% for a third straight month. Underlying inflation measured by the trimmed mean is expected at 0.3% m/m and 3.4% y/y, indicating persistent price pressures. The...

Japan’s February consumer‑price inflation slowed to 1.3% YoY, driven by lower fresh‑food and utility costs, while core‑core inflation stayed near 2.5% above the Bank of Japan’s 2% target. Wage negotiations indicate a 5.26% average increase, and PMI readings remain in...

Thailand’s baht is projected to weaken further, potentially reaching 33.5 per U.S. dollar this week as geopolitical tensions in the Middle East intensify. The dollar’s safe‑haven appeal and rising U.S. bond yields are bolstering its strength, while regional currencies slide...

Ray Dalio told the World Governments Summit in Dubai that the global monetary system is entering a "capital war" and that gold is now the safest form of money. He linked the erosion of fiat currencies and sovereign debt to...

UBS Group AG has been barred from offering range target profit forwards (RTPFs) to Swiss retail clients after the products caused deep losses for a small group of investors last year. The bank now limits RTPFs to professional investors and...

Barbados confronted a 2018 crisis with public debt soaring to 179% of GDP and reserves falling to roughly $110 million USD. It introduced the homegrown Barbados Economic Recovery and Transformation (BERT) plan, swiftly moving to a primary surplus, restructuring debt and...

In a March 20 interview, ECB Vice‑President Luis de Guindos warned that the Middle‑East war will significantly pressure euro‑area growth and inflation, though he does not expect a recession even under the most severe scenarios. The central bank’s baseline assumes...

Japan is considering trimming its inflation‑linked government bond buy‑backs to about ¥15 billion per operation for April and June, down from ¥20 billion a month in Q1. The change follows a rise in break‑even inflation rates above 1.9%, indicating stronger investor demand...
The US‑Iran war has forced major central banks to pause rate cuts, reversing earlier expectations. The Federal Reserve, European Central Bank, Bank of England, Reserve Bank of Australia and Bank of Japan all kept rates steady, while Sweden and Switzerland...

A Renmin University report urges China to trim its $3.42 trillion foreign‑exchange reserves, which sit at roughly 16% of GDP, to a more moderate level of about 11.5% of GDP as the yuan gains global traction. The paper argues that a...

South Korea named economist Shin Hyun‑song, famed for foreseeing the 2008 crisis, as the next Bank of Korea governor as the nation confronts inflation risks from the Iran war and uneven Asian growth. In the United States, a federal jury held...
Swissquote reported record H2‑2025 results, with revenues of CHF 365.2 million ($461 million) and net profit of CHF 208.2 million ($263 million), up 2 % and 32 % respectively. Admirals Group disclosed a €18.5 million loss for 2025 and will relinquish its Estonia investment‑firm licence as part of a...

The Bank of England is expected to keep its policy rate unchanged through next year, as inflation pressures persist. Oxford Economics attributes the heightened risk to rising energy prices driven by geopolitical tensions in the Middle East. The central bank’s...
South Korea announced Shin Hyun Song, a veteran BIS official and financial‑stability scholar, as its next Bank of Korea governor. The nomination comes as the BOK faces heightened uncertainty from the Iran conflict, rising oil prices and a delicate balance...
Traders now price a greater than 60% chance the Federal Reserve will raise rates by October, after the March meeting left the policy range unchanged. A surge in Brent crude above $109 per barrel has pushed 10‑year Treasury yields to...

The Reserve Bank of Australia announced another interest‑rate increase as inflation and cost‑of‑living pressures intensify, compounded by geopolitical risks from the war in Iran. Independent economist Nicki Hutley, featured in Guardian Australia’s “Full Story” podcast, argued the central bank should...
The European Central Bank is advancing a digital euro to address the euro area’s reliance on non‑European card schemes, with 15 of 21 countries lacking a strong domestic digital payment option. A 12‑month pilot, beginning in the second half of...
China's central bank will add twelve new banks to the e‑CNY programme, expanding the roster from ten to twenty‑two institutions. The new participants include major joint‑stock banks such as China Everbright and city commercial banks like Bank of Ningbo. The...
The latest NBER paper shows a pronounced shift in the composition of global foreign‑exchange reserves. The U.S. dollar’s share slipped below 57% in Q3 2025, while gold overtook the euro to become the second‑largest reserve asset. Central banks are diversifying into...
The Peterson Institute for International Economics convened a high‑level panel of central bank governors from New Zealand, Spain, Korea and Switzerland to examine open‑economy monetary policy in a rapidly shifting financial and geopolitical climate. Moderated by former Bank of Ireland governor...

Markets are pricing a more aggressive Bank of Canada tightening path, with traders betting on a cumulative 75 basis‑point increase by 2026 and a 25‑basis‑point hike as early as July. The central bank held its policy rate at 2.25% and...
ING’s foreign‑exchange strategists remain bullish on the euro, forecasting EUR/USD could climb to 1.20 by year‑end despite heightened geopolitical risk, rising oil prices and a temporary US inflation spike. They argue the Federal Reserve will treat the oil‑driven price bump...

ECB policymaker Francois Villeroy de Galhau warned that any future rate adjustments will be decided on a meeting‑by‑meeting basis, with a bias toward hikes rather than cuts. He emphasized the central bank’s vigilance and readiness to act amid energy market...

European central banks delivered a hawkish surprise, pushing the euro and pound higher while the dollar weakened. The ECB signaled a possible April rate hike, adding 15 basis points to market expectations, and the Bank of England voted unanimously to...

The Bank of Canada kept its overnight rate at 2.25% on March 18, marking a third consecutive hold. Inflation slowed to 1.8% in February, still under the 2% target, while the labour market remains weak. The decision reflects caution amid...

European Central Bank Governing Council member Joachim Nagel warned that the ECB could be forced to raise interest rates as early as April if inflationary pressures intensify, particularly due to the ongoing Iran war. He indicated that a deteriorating medium‑term...

Japan’s February CPI is expected to slow further thanks to an energy subsidy, but core‑core inflation will stay well above the 2% target, keeping the Bank of Japan cautious about rate hikes. The central bank is likely to postpone an...
Central‑bank digital currency (CBDC) could remain neutral for banks if the central bank recycles CBDC balances back to them at rates equal to deposit‑funding costs, preserving credit creation and profit margins. Deposits, however, are hybrid instruments that provide money‑like services...
Simon White joins MacroVoices to argue that ongoing geopolitical conflicts are adding a new layer to inflationary pressures, creating a "three‑act" inflation scenario. He draws parallels between today’s monetary stimulus and the 1970s oil shocks, suggesting that war‑driven commodity spikes...
The Bank of England’s Monetary Policy Committee voted unanimously to keep the Bank Rate at 3.75%. The decision comes as inflation remains above the 2% target, pressured by higher energy prices and geopolitical uncertainty. By holding rates steady, the MPC...
The Reserve Bank of New Zealand will release its April Monetary Policy Review at 2 pm on its website, followed by an online media conference at 3 pm, marking a shift toward greater transparency for future reviews. Governor Adrian Breman will engage with...

Risk aversion deepened as the Fed highlighted heightened inflation risks while downplaying growth concerns. The central bank left rates unchanged but lifted its 2026 PCE inflation forecast to 2.7%, signalling a longer‑lasting price pressure outlook. Simultaneously, Iran’s attacks on key...
The Federal Reserve left its policy rate unchanged at 3.50‑3.75% and, via the latest dot‑plot, signaled only a single 25‑basis‑point cut for 2026 and another in 2027. The announcement sent the Dow, S&P 500, Nasdaq and Russell 2000 down between 1.3% and...
The dollar index rose 0.51% after U.S. February producer prices outperformed forecasts, with final‑demand PPI up 0.7% month‑over‑month and 3.4% year‑over‑year and core PPI climbing 3.9% YoY—the strongest gain in 13 months. The Federal Reserve kept its policy rate unchanged...
Global investors are rapidly shifting capital into emerging markets as a weaker U.S. dollar and a push for diversification away from the United States drive demand. Over the past twelve months the MSCI Emerging Markets Index has surged 47%, far...
The Reserve Bank of New Zealand (RBNZ) is overhauling its liquidity management framework after a consultation on recent market changes. It will introduce weekly full‑allotment open‑market operations (OMO) to inject liquidity at a fixed spread to the official cash rate,...
The Federal Open Market Committee is expected to leave its benchmark interest rate unchanged at the March 2026 meeting. The decision follows a February jobs report that revealed a loss of roughly 100,000 positions and a sharp rise in oil...
Hedge funds such as Fivestar Asset Management are reshaping their Japanese bond and currency positions ahead of the Bank of Japan’s policy meeting, expecting Governor Kazuo Ueda to hint at a hawkish stance due to inflation pressures from the Iran...

The Bank of England will announce its March 19 interest‑rate decision, weighing whether to keep the Bank Rate at 3.75% or trim it by 25 basis points to 3.50%. A narrow 5‑4 vote in February highlighted deep divisions within the...