European Central Bank President considers early resignation, digital euro prospects draw attention

Mitsubishi UFJ: Iran conflict prompts oil price surge that may spur rate hikes from some central banks, Australian dollar stands out

Mitsubishi UFJ analysts point out that the oil price surge triggered by the Iran conflict may prompt some central banks to raise rates, but rate hikes amid weak economic conditions are unfavorable for currencies. The Reserve Bank of Australia is expected to raise rates by 25 basis points, with the Australian dollar becoming one of the best-performing G10 currencies.

US Senate Passes CBDC Digital Dollar Ban! Funds Turn to LiquidChain for Omnichain Liquidity Deployment

The U.S. Senate passed the "21st Century Housing Act," which prohibits the Federal Reserve from issuing a digital dollar, with restrictions lasting until 2031, reflecting concerns about financial surveillance and personal privacy. Despite opposition from the House of Representatives and political uncertainties, decentralized finance platforms like LiquidChain are seizing market opportunities to drive liquidity innovation.

Middle East Conflict Pushes Up Oil Prices, U.S. Inflation Expectations Warm, Fed Rate Cut Outlook Under Pressure

Middle East conflict escalation drives oil price increases, raising U.S. short-term inflation expectations and affecting Federal Reserve rate-cut prospects. The one-year breakeven inflation rate reached 4.62%, while the two-year rate stands at 3.18%. High oil prices may make it difficult for the Federal Reserve to cut rates, with the probability of no rate cuts in 2026 expected to rise to 44.7%.

Citi: Next Week's "Super Central Bank Week" May Intensify Bond Market Volatility

Citi strategist Jamie Searle stated that uncertainty surrounding the reopening of the Strait of Hormuz has made short-term bond yields vulnerable. Central bank policy meetings expected next week are anticipated to exacerbate market volatility, with the ECB potentially considering a preemptive rate hike, while the Bank of England is likely to remain cautious.

New York gold futures fell below $5,100, poised to record a weekly decline this week

Gate News report: On Friday, March 13, New York gold futures (NYMEX gold) fell below $5,100 per ounce, with the week poised to record a weekly decline. A stronger US dollar, rising oil prices, and uncertainty surrounding Federal Reserve policy are putting pressure on gold prices. Analysts from Australia and New Zealand Banking Group stated: "The US dollar strengthens due to its safe-haven status, particularly as rising oil prices benefit the United States as a net energy exporter. Market concerns about the Federal Reserve's interest rate cut path are intensifying, and rising oil prices increase the likelihood of inflation pressures re-emerging."

US January PCE to be Released Tonight! Core Inflation Expected to Surge to 3.1%, Will It Shake Up Rate Cut Timeline?

The U.S. is about to release the January PCE price index, with core PCE expected to increase 3.1% year-over-year, marking the largest increase since 2024 and significantly exceeding the Federal Reserve's 2% inflation target. Due to different weighting allocations of items between CPI and PCE, their trends have diverged, and the "moderate" convention of PCE is also being challenged, which may impact the Federal Reserve's monetary policy in the future.