Nordea’s Sara Midtgaard reports that the Federal Reserve left its policy rate unchanged and signalled only gradual easing, with one 25 bp cut projected in both 2026 and 2027. She notes Powell’s emphasis on data dependence and geopolitical uncertainty, and Nordea’s base case that the Fed keeps rates on hold over the next two years…
By Kristian Coates Ulrichsen, Rice University The U.S.-Israeli military campaign against Iran took a dangerous turn on March 18, 2026, with tit-for-tat strikes on critical energy infrastructure that amount to the most serious regional escalation since the conflict began. First, an Israeli drone strike targeted facilities at Iran’s Asaluyeh complex, damaging four plants that treat…
On Thursday, US stock indices showed an impressive intraday reversal, recovering most of the earlier decline. By the end of the day, the Dow Jones Index (US30) fell by 0.44%. The S&P 500 Index (US500) decreased by 0.27%. The Technology Index NASDAQ (US100) closed down by 0.28%. Optimism was fueled by Benjamin Netanyahu’s statement about…
This week delivered something rare in modern markets: six of the world’s biggest central banks announced their policy decisions within days of each other. The RBA on Tuesday, the Fed on Wednesday, then the Bank of Japan, European Central Bank, Bank of England, and Swiss National Bank all landed on Thursday. Five held rates. One…
XTB reported its highest-ever annual revenues in 2025, but the broker’s bottom line told a different story as a near-doubling of marketing expenditure and swelling headcount costs dragged net profit down by almost a quarter, according to the company’s consolidated annual report published today (Friday). The Warsaw-listed fintech (WSE: XTB) generated total operating income of…
A Seventh Central Bank Interest Rate Cut in Russia March 20, 2026 The other central bank rate decision today involved an as-expected 50-basis point cut in the Central Bank of Russia‘s benchmark to 15.0%, its lowest level since December 2023. From a peak of 21% reached in October 2024 and maintained until June 2025, seven…
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Sterling today: Pound slips as oil rally offsets hawkish BoE boost Source link
Labour claims extremist candidate revelations show Reform UK’s launch in Scotland has fallen apart Severin Carrell Severin Carrell is the Guardian’s Scotland editor. Malcolm Offord, Reform UK’s Scottish leader, has doubled down on his defence of the party’s vetting by dismissing remarks by candidates backing Tommy Robinson or describing Humza Yousaf as an “Islamist moron”…
Dollar Mixed, Equities Down, Bond Yields Higher, and Mood Remains Fearful March 20, 2026 In overnight trading, the dollar rose 0.6% against the Japanese yen and 0.8% versus the South Korean won but slipped 0.3% relative to the Canadian dollar and 0.1% against the Swissy, euro and sterling. A five-basis point advance in the ten-year…