Awaiting US CPI print
- Markets continue focusing on the monetary policy implications of high inflation. - German March CPI confirms highest annual pace since 1993 reunific
Source: fxstreet.com
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Top News In Key Themes Today - Breaking & Trending Today
Yields continue their ascent with focus on upcoming US, UK inflation data
- UK’s February GDP data held up but headwinds persists as cost-of-living crisis and war in Ukraine likely to mean a slowdown in activity. - EU inflat
Source: fxstreet.com
CBR cuts key rate by 300bps after RUB currency rebounded back to pre-conflict levels
EU Mid-Market Update: EU adopts a 5th round of sanctions against Russia, CBR cuts key rate by 300bps after RUB currency rebounded back to pre-conflict
Source: fxstreet.com
Russian ruble currency back at pre-Ukraine invasion level
- EU still trying to hammer out details of additional Russian sanctions. Asia - Australia Feb Trade Balance: A$7.5B v A$11.7B; Exports M/M: 0% v 0%e;
Source: fxstreet.com
Global bond yields moving higher, EU said to be poised to place more sanctions on Russia
- Global inflation data continued to run hot (Korea, Philippines and Thailand overnight); pressure on central banks to normalize policy. - Major Europ
Source: fxstreet.com