ECB: Oil shock complicates path – ING

ECB: Oil shock complicates path – ING

ING notes that ECB officials have offered little resistance to hawkish market pricing as Oil rises, reinforcing front-end EUR rate expectations. Source link

Safe-haven appeal looks diminished – Nordea

Safe-haven appeal looks diminished – Nordea

Nordea’s Jan von Gerich observes that recent equity weakness has not produced a stronger Dollar, suggesting its traditional safe-haven role is less dominant than before. He links this to market reactions around the Middle East conflict, where Oil and yields have been more responsive, while the USD’s response to risk-off episodes appears more muted than […]

UK Retail resilience tempers data impact – TD Securities

UK Retail resilience tempers data impact – TD Securities

TD Securities analysts note United Kingdom (UK) Retail Sales for February beat expectations, showing only slight mean reversion after strong gains and maintaining a positive three‑month trend. Weather-related weakness was broad but not fundamentally alarming. They judge the Monetary Policy Committee (MPC) unlikely to react strongly, while GfK confidence fell to its lowest since Liberation […]