LiveSquawk

UBS Global Research Expects BoE To Deliver Two 25 BP Interest Rate Cuts Each In November 2026 And February 2027 Vs Prior Forecast Of Cuts In April And July 2026

#OOTT Trump Mulls Risky Kharg Island Takeover To Force Iran To Open Strait - @axios axios.com/2026/03/20/ira…

Fitch Revises Outlook On New Zealand To Negative; Affirms At 'AA+' fitchratings.com/research/sover…

.@PunchbowlNews AM today - Who can be House GOP leader if Republicans lose the majority? Johnson’s big challenges - GOP not sweating Iran war’s cost — yet - Progressives say Biss win is an anti-AIPAC template - Collins: Kemp holding Dooley’s hand on trail punchbowl.news/archive/32026-…

The question is how Powell and the Fed might adjust their reaction function if the Iran conflict lasts longer, especially through supply-chain effects.

Italy Current Account Balance Jan: -1.785B (prev 3.406B)

France Wages (Q/Q) Q4 F: 0.2% (est 0.2%; prev 0.2%)

ECB's Villeroy: ECB May Update Scenarios More Often Than Forecasts - ECB Ready To Update Scenarios As Often As Necessary - Can't Decide Medium-Term Policy On Daily Fluctuations - ECB Will Not Be Inactive Or Overreact

*Todays Scheduled CB Speakers* Day after ECB meet so expect multiple unscheduled ECB speakers Russia rate decision 10.30am Fed Bowman 12pm Fed Waller 12.30pm ECB Nagel 5.30pm

ECB’s Escirva: Starting Point For ECB More Balanced Than In 2022 - Situation Is Very Uncertain And Highly Volatile

France Retail Sales SA (Y/Y) Feb: -0.4% (prev 1.2%; prevR 0.9%)

#OOTT Translation | Iranian Media: Sound Of Explosion In The City Of Ahvaz In Khuzestan Province In The Southwest Of The Country #IranWar‌

Deutsche Bank Expects ECB To Hike Rates By 25 Bps Each In June And September Vs Prior Forecast Of Keeping Rates Unchanged In 2026

Commenting on today’s public sector finances figures for February 2026, ONS senior statistician Tom Davies said ⬇️

German PPI (Y/Y) Feb: -3.3% (est -2.7%; prev -3.0%) - PPI (M/M): -0.5% (est 0.3%; prev -0.6%)

UK Public Sector Net Borrowing (GBP) Feb: 14.3B (est 8.8B; prev -30.4B; prevR -31.9B) - PSNB Ex Banking Group: 14.3B (prev -30.4B; prevR -31.9B) - Public Finances (PSNCR): 7.6B (prev -59.3B; prevR -59.4B) - Central Government NCR: 9.1B (prev -39.8B)

India Considers Real-Time Euro FX Settlement Amid EU Trade Push – BBG bloomberg.com/news/articles/…

China Keeps Loan Prime Rate Steady, As Expected - 5Y LPR At 3.50%; 1Y LPR At 3.00%

#OOTT | Saudi Arabia Sees A Spike To $180 Oil If Energy Shock Persists Past April – WSJ wsj.com/finance/commod…