CommerzBank
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Germany: War-driven energy shock risks ECB hike – Commerzbank
Commerzbank’s Senior Economist Dr. Ralph Solveen notes that Germany’s inflation rate rose from 1.9% to 2.7% in March 2026 as…
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USD/INR: RBI curbs bank positions to back Rupee – Commerzbank
Commerzbank’s Charlie Lay explains that the Reserve Bank of India (RBI) has capped banks’ net open Indian Rupee (INR) positions…
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Gold: Higher year-end targets despite sharp pullback – Commerzbank
Thu Lan Nguyen at Commerzbank has revised Gold forecasts higher, now seeing USD 5,000 per ounce by end-2026 and USD…
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EUR/USD: War-driven forecasts and softer Dollar outlook – Commerzbank
Commerzbank, led by Chief Economist Jörg Krämer, has cut its 2026 Eurozone growth forecast and now expects fewer ECB rate…
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ZAR: SARB holds through conflict – Commerzbank
Commerzbank analyst Volkmar Baur expects the South African Reserve Bank (SARB) to keep rates unchanged, despite inflation having fallen to…
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EUR/USD: Rate differentials regain focus – Commerzbank
Commerzbank’s Antje Praefcke notes that the Dollar has benefited from safe-haven demand as the war in the Middle East weighs…
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Oil: Volatility spikes on Hormuz disruption – Commerzbank
Commerzbank analysts highlight extreme swings in Brent and WTI as the Strait of Hormuz remains effectively closed, forcing key Middle…
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CNY: Export strength underpins currency – Commerzbank
Volkmar Baur highlights exceptionally strong Chinese export data, with February exports up nearly 40% year-on-year and the combined January–February surplus…
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EUR/USD: ECB wary of strong euro focus – Commerzbank
Commerzbank’s Michael Pfister discusses Euro strength and its implications for EUR/USD and ECB policy. Pfister expects stronger ECB reactions only if Euro appreciation becomes…
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CAD: Labor softness weighs on currency – Commerzbank
Commerzbank’s Michael Pfister highlights that weaker-than-expected Canadian labor data, including job losses and a participation-driven drop in unemployment, underline fragilities…
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