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The Bank of England is expected to make a hawkish decision this week, just weeks after cutting interest rates. Two previously dovish policymakers are now reluctant to support further monetary easing.

A recent survey of consumers conducted by the University of Michigan showed an increase in pessimistic sentiment among US consumers to the levels last seen in November 2022. High tariffs, imposed under Donald Trump's administration, have been pressuring the economy and caused growing concerns.

UBS Group AG revised its gold price forecast higher, expecting prices to rise to $3,200 per ounce. The forecast is based on the intensifying tensions in global trade, causing stronger demand for safe haven assets.

Despite a slowdown in economic growth, the Bank of Japan is determined to continue tightening its monetary policy. Economists predict another interest rate hike in July.

According to analysts polled by Bloomberg, the European Central Bank (ECB) will reduce borrowing costs two more times this year, in April and June. Thus, the deposit rate will not fall below 2%, as previously assumed.

According to BofA Global Investment Strategy, private investor inflows into US equities reached about 2.5% in March. This marked the third-largest weekly increase in the history of the bank's observations.

In a recent interview with NBC, Treasury Secretary Scott Bessent commented on new US President Donald Trump's policies and outlined the country's economic outlook. From his point of view, the probability of the United States slipping into a recession cannot be completely ruled out.

Bloomberg reports that copper price reached near five-month high after China, the largest consumer of the metal, said it intends to boost demand. Copper price reached $9,850 per ton on Friday, which is the highest since October last year.

Goldman Sachs reduced its 2025 oil price forecast. The bank's decision follows Donald Trump's tariff policy and its impact on the US economy, as well as OPEC+ plans to start unwinding its output cuts, starting from April.

The revised statistics for Germany’s inflation in February show decelerating price growth, rather than a reported previously steady inflation rate. According to the revised data of the statistical office, consumer prices increased by 2.6% in annual terms.