EUR/USD
1.15400
0.005%
Gold
4988.21
-0.358%
Oil
92.719
-2.626%
USD/JPY
158.753
-0.151%
GBP/USD
1.33635
0.063%
GBP/JPY
212.154
-0.027%
Real-time News
1. Commerzbank: Expects the Fed to keep rates unchanged at the next two meetings, with the window for rate cuts potentially opening mid-year with Warshs appointment. 2. Barclays: Expects 25 basis point rate cuts in September 2026 and March 2027, compared to previous forecasts of June and December this year. 3. ANZ: Expects rates to remain unchanged in March, with a high probability of restarting rate cuts in June, maintaining its baseline forecast of three rate cuts this year. 4. Morgan Stanley: Expects rates to remain unchanged in March, potentially hinting at 25 basis point cuts in both this year and next, ultimately reaching a range of 3.0-3.25%. 5. RBC: Still expects the Fed to hold rates steady in 2026, and anticipates three 25 basis point "normalization" rate cuts in 2027. 6. Traders: Expects rates to remain unchanged in March; anticipates most members will still believe that rate cuts will be appropriate once inflation is confirmed to have stopped accelerating again. 7. Montreal: The Federal Reserve is expected to cut interest rates twice this year, with the first cut in September. Inflationary pressures may force the Fed to maintain a neutral stance for a longer period. On March 18, South Korean Presidential Chief of Staff Kang Hoon-sik announced at a press conference that the United Arab Emirates (UAE) has pledged to prioritize crude oil supplies to South Korea. The two sides have reached an agreement to sign a Memorandum of Understanding on crude oil supply chain cooperation, which includes exploring alternative supply routes, and is expected to be signed soon. Kang, who recently visited the UAE as President Lee Jae-myungs special envoy for strategic economic cooperation, returned to South Korea. Kang stated that an agreement has been reached allowing South Korea to make emergency crude oil purchases through the UAE, with a confirmed emergency import of 18 million barrels of crude oil from the UAE. Furthermore, Kang noted that no discussions regarding the Strait of Hormuz were held with the UAE during his visit.March 18 - Trade statistics released by Japans Ministry of Finance on the 18th showed that Japans exports to the United States declined for the third consecutive month year-on-year in February. Data showed that, dragged down by reduced exports of pharmaceuticals, automobiles, and auto parts, Japans exports to the United States fell 8% year-on-year to 1.75 trillion yen (approximately 155.65 yen to 1 US dollar) in February, with automobile exports declining by 14.8% year-on-year.On March 18th, Chery Automobile (09973.HK) announced that its revenue for 2025 will reach RMB 300.287 billion, a year-on-year increase of 11.3%; net profit for the year will be RMB 19.507 billion, a year-on-year increase of 36.1%; and net profit margin will be 6.5%, compared to 5.3% in the same period last year. The Board of Directors has resolved to recommend a final cash dividend of RMB 0.86 per share (inclusive of tax) for the current year.Geely Automobile (00175.HK): Sales target for 2026 is 3.45 million vehicles.
