US Dollar:
1. Traders no longer expect the Federal Reserve to cut interest rates in 2026, and are even "hedging" against rate hikes.
2. US regulators plan to ease capital requirements for major banks, reducing capital adequacy ratios by 4.8%.
Euro:
1. The European Central Bank (ECB) kept its three key interest rates unchanged as expected and raised its inflation forecast.
2. ECB Governing Council member Nagel stated that if the Middle East conflict worsens the inflation outlook, a rate hike will need to be considered as early as next month.
3. JPMorgan Chase expects the ECB to raise interest rates in April and July, previously predicting rates would remain unchanged for the year.
4. Morgan Stanley expects the ECB to raise interest rates by 25 basis points in June and September, previously predicting rates would remain unchanged this year.
5. Barclays expects the ECB to raise interest rates by 25 basis points in April and June, previously predicting rates would remain unchanged.
Pound Sterling:
1. The Bank of England unanimously approved the decision to keep interest rates unchanged, opening the door to a possible rate hike.
2. After expectations of an interest rate hike surged, the Bank of England governor quickly cooled the situation, stating that some were acting too hastily.
3. Goldman Sachs predicts the Bank of England will not cut interest rates this year, but will gradually lower them to 3% next year.
4. JPMorgan Chase expects the Bank of England to raise interest rates by 25 basis points each in April and July, previously predicting that rates would remain unchanged throughout the year.
5. Citigroup expects the Bank of England to keep interest rates unchanged in 2026, previously predicting 25 basis point cuts in June and September.
Other:
1. The Swiss National Bank kept its benchmark interest rate unchanged at 0%, marking the third consecutive month without adjustment.
2. The People's Bank of China kept the one-year and five-year LPRs unchanged at 3% and 3.5% respectively, marking the tenth consecutive month of no change.
3. The Swedish central bank, at its fourth meeting, kept its key interest rate at a three-year low of 1.75% and indicated that it would not adjust rates this year.
