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After Germany’s policy shift, Euro forecasts increased, with EUR/USD projected at 1.20 by 2026
Mary Daly of the Fed indicated that economic uncertainties may impact US demand without rate changes
Mary Daly emphasizes uncertainty’s impact on demand but advises maintaining interest rates, aligning with Jerome Powell’s caution.
Lutnick affirmed Trump will adhere to the planned tariffs on aluminium and steel imports shortly
U.S. steel and aluminium tariffs take effect March 12, impacting imports, businesses, and market stability amid trade policies.
Oil producers are reducing capital investment, contrary to presidential requests and shareholder preferences
Oil producers cut spending amid rising costs, prioritizing shareholder returns over drilling expansion despite presidential calls.
China’s housing minister indicated plans to boost existing home purchases and urban redevelopment efforts
