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Markets
Qatar supply shock lifts TTF – Rabobank
Rabobank’s Molly Schwartz notes that Europe faces renewed energy security risks as Middle Eastern LNG reliability deteriorates following QatarEnergy’s production halt. TTF prices…
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March BoE cut now finely balanced – Nomura
Nomura’s European rates team notes that higher Oil prices and stronger UK data have turned the Bank of England’s March decision into a close call. They still forecast a 25 bps cut…
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Inflation momentum watched as energy shocks build – Danske Bank
Danske Research Team expects Euro area headline inflation to rise to 1.8% year-on-year in February, with core inflation steady at 2.2%. National data were mixed, but services…
Pound Sterling continues to underperform amid US-Israel war with Iran
The Pound Sterling (GBP) trades lower against its major currency peers, slides 0.3% to near 1.3360 against the US Dollar (USD) during the European trading session on Tuesday. The…
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US forces destroy command facilities of Iran’s IRGC
US military officials said on Tuesday that they have destroyed command posts of Iran’s Revolutionary Guards as well as Iranian air defense and missile launch sites since the start…
Gold price in India: Rates on March 3
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 15,891.23 Indian Rupees (INR) per gram, up compared with the INR 15,775.35…
EUR/USD seems fragile below 1.1700 as Middle East war boosts energy prices
The EUR/USD pair trades flat at around 1.1680 during the Asian trading session on Tuesday, but broadly seems vulnerable, being close to its five-week low. The major currency pair…