Growth resilience but downside risks – BNY

Growth resilience but downside risks – BNY

BNY’s Head of Markets Macro Strategy Bob Savage highlights that improving regional PMI momentum, South Korea’s WGBI inclusion and solid export data support growth across Asia-Pacific, but geopolitical uncertainty and higher Oil prices weigh on FX. The bank sees investors focused on risk reduction, with policy support cushioning equities while remaining negative for regional currencies […]

GBP/USD dives to 1.3180 as Middle East tensions lift the US Dollar

GBP/USD dives to 1.3180 as Middle East tensions lift the US Dollar

The British Pound collapses on Monday as Middle East escalations push the Greenback higher, while Oil prices extend their gains for the fourth consecutive trading day. At the time of writing, the GBP/USD trades at 1.3184, down by more than 0.50%. Sterling sinks as oil rises, Fed bets ease, UK outlook dims ahead Market mood […]

Dovish tone and long hold signalled – TD Securities

Dovish tone and long hold signalled – TD Securities

TD Securities analysts anticipate the Bank of Canada’s (BoC) March Summary of Deliberations will maintain a dovish tone, stressing excess supply and disinflation. They argue the BoC has ended its easing cycle and will hold the overnight rate at 2.25% through 2026, looking through higher headline inflation before hiking back toward neutral in early 2027. […]