Housing starts exceed expectations, gold fluctuates, USD strengthens, and ceasefire talks boost European economic optimism.
Defence spending may boost GDP long-term, but tariffs and uncertainty are currently harming the economy, says Rehn.
Canada’s core CPI rose from 0.4% to 0.7% in February, signaling increasing consumer prices and economic shifts.
USD under pressure despite data; Fed may hold rates. BoC cuts rates cautiously. USDCAD ranges amid uncertainties.
Import prices rose to 0.4%. Gold neared $3,040. EUR/USD and GBP/USD faced pressure amid geopolitical developments.
ECB’s Rehn sees two-sided inflation risks, with eurozone growth improving, keeping focus on gradual disinflation progress.
Canadian CPI rose to 2.6%, gold hit $3,030, and USD strengthened, pressuring EUR/USD and GBP/USD.
Gold surpasses $3,020, driven by trade tensions, rate cuts, and central bank purchases, with rising forecasts.
Gold hits a record $3,031 amid geopolitical tensions, Fed policies, and market uncertainty while silver sees stress.
Swiss government lowers GDP forecasts for 2025 and 2026, citing global trade challenges and economic uncertainties.
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