Day: March 18, 2026

Aggressive easing and currency risks – Commerzbank

Aggressive easing and currency risks – Commerzbank

Commerzbank’s Michael Pfister expects the Brazilian central bank to start its cutting cycle, with consensus looking for an initial move after a long hold at 15%. He sees scope for a 25 or 50 basis point cut and anticipates the pace to accelerate later in 2026. Commerzbank remains cautious on Brazilian Real strength given likely […]

Softer UK labour data keeps BoE easing bias – TD Securities

Softer UK labour data keeps BoE easing bias – TD Securities

TD Securities analysts project further loosening in UK labour conditions, with employment falling, unemployment rising to its COVID peak of 5.3%, and wage growth easing but still elevated. They note this backdrop has previously supported Bank of England (BoE) easing, though near term focus may shift to inflation implications from Iran-related shocks rather than domestic […]

Growth risks rise with price shocks – Standard Chartered

Growth risks rise with price shocks – Standard Chartered

Standard Chartered analysts Madhur Jha and Ethan Lester argue that sustained Oil price shocks have historically driven global inflation and often preceded global recessions. They highlight that a Brent move toward USD 135/bbl could shift market focus from inflation to growth risks. The authors stress that tighter central bank reactions to Oil shocks now add […]