Oil Price Surge Balanced by Strong Franc, Says Commerzbank
Commerzbank's Michael Pfister notes that rising oil prices are offset by a strong Swiss Franc, mitigating inflation pressures and complicating SNB's monetary.
Commerzbank's Michael Pfister notes that rising oil prices are offset by a strong Swiss Franc, mitigating inflation pressures and complicating SNB's monetary.
China's 15th Five-Year Plan for 2026-2030 focuses on enhancing technological self-reliance and promoting energy transition and decarbonisation efforts.
François Villeroy de Galhau stated that the Iran war's duration will significantly influence energy prices, highlighting the ECB's vigilant market monitoring.
China's Premier Li Qiang announced a 2026 economic growth target of 4.5%-5%, slightly lower than last year's rate, signaling a cautious policy shift.
Kristalina Georgieva of the IMF warns that the new Middle East conflict could challenge global economic stability, urging vigilance among stakeholders.
Silver prices have dropped to around $82 following a strong US dollar, influenced by positive employment data and robust services PMI for February.
Deutsche Bank highlights a notable change in expectations for Federal Reserve rate cuts, propelled by strong economic indicators suggesting a resilient growth.