Insights 
The US current account deficit improved, GBP/USD weakened, EUR/USD rebounded, gold retraced, and Trump discussed crypto.
Initial jobless claims recorded at 223,000, below estimates; continuing claims rose to 1.892 million, exceeding expectations.
Canada’s industrial product prices rose 0.4% in February, exceeding forecasts and signaling potential economic implications.
The Federal Reserve held rates steady, the US dollar strengthened, the Swiss National Bank cut rates, and markets reacted.
Canada’s raw material prices rose 0.3%, GBP/USD trades near 1.2960, and gold retreats to $3,030.
Dollar strengthened as risk appetite fell; SNB cut rates; yen outperformed; US yields dropped; gold declined.
Pound rebounds as BoE holds rates; labor market strong but wage growth slows; US Dollar gains on Fed decision.
S&P 500 futures fall 0.4% as risk sentiment weakens; USD strengthens while equities decline during European trading.
BoE holds rate at 4.50%, cautious on growth. Inflation rises, GDP shrinks, Pound strengthens against NZD.
“Both the U.S. and China portray each other as economically unstable, but data suggests neither is collapsing.”
