United States President Donald Trump told Fox Business Network on Monday that Iran wants to make a "deal badly," adding that a deal could be reached within five days or even sooner, per Reuters.

Federal Reserve (Fed) Board of Governors member Stephan Miran told Bloomberg on Monday that they shouldn't make policy decisions on short-term headlines.

MUFG Bank analysts note the Swiss Franc (CHF) has underperformed other G10 currencies since the Middle East conflict began, as the Swiss National Bank (SNB) has strongly signalled a willingness to counter excessive CHF strength.

TD Securities’ Senior Commodity Strategist Daniel Ghali argues that Gold’s bull market has been driven by successive capital pools, from central banks to institutional and retail investors, effectively mimicking a carry trade.

In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that they are currently in an intense moment with a lot in the balance.

Rabobank’s Florence Schmit and Joe DeLaura argue the Ras Laffan strike and extended Hormuz closure have effectively ended the LNG glut, forcing a sharp repricing of TTF gas.

United States Chicago Fed National Activity Index declined to -0.11 in February from previous 0.18

Gold (XAU/USD) rebounds from year-to-date lows on Monday as bargain hunting emerges after a steep sell-off, with the metal finding support after news that US President Donald Trump postponed planned strikes against Iran's power plants and energy infrastructure.

West Texas Intermediate (WTI) US Oil trades around $92.20 on Monday at the time of writing, down 5.45% on the day, after falling sharply from around $100 to a daily low of $83.99, its lowest level in more than a week, amid a relative easing of geopolitical tensions.

Societe Generale’s UK team reports a sharp selloff in 10‑year gilts, with yields hitting 5% as markets priced in more BoE tightening. They see this as an overreaction and now expect the MPC to stay on hold through 2026 due to the energy shock.

Silver price (XAG/USD) bounces back strongly to near $68.20 during the European trading session on Monday.

Mexico Retail Sales (MoM) rose from previous -0.1% to 1% in January

Mexico Retail Sales (YoY) above expectations (3.1%) in January: Actual (5%)

Citing sources with knowledge, Iran's Fars News agency reported that there are no direct communications with the United Stats (US) nor through intermediaries, per Reuters.

Commerzbank’s Hauke Siemßen highlights that hawkish ECB commentary and the Iran-related energy shock have pushed money markets to discount three full ECB rate hikes by year-end and an 80% probability of a first move in April.

The AUD/USD pair trades heavily volatile during the European trading session on Monday after the announcement from United States (US) President Donald Trump that he has instructed the Department of War to pause scheduled military attacks on Iranian power plants for five days.

United States (US) President Donald Trump announced on Monday that he will postpone any military strikes against Iranian power plants following "good and productive conversations" regarding a complete and total resolution of hostilities in the Middle East.

BNY’s Head of Markets Macro Strategy Bob Savage argues that the European Central Bank’s (ECB) hawkish tilt in response to the Iran-driven energy shock has pushed Eurozone front-end rates higher, even as inflation expectations remain contained.

EUR/JPY rebounds from its intraday lows but remains down 0.30% on Monday, trading near 183.65 at the time of writing, as the Japanese Yen (JPY) loses some ground following signs of geopolitical de-escalation.

MUFG’s Senior Currency Analyst Lee Hardman notes that the Japanese Yen has been more resilient than other G10 currencies versus the US Dollar, with USD/JPY holding just below 160.00.

The Pound Sterling extends its intraday decline against the US Dollar (USD), trading 0.6% down to near 1.3260 during the European trading session on Monday. The GBP/USD pair tumbles as escalating conflicts in the Middle East have further diminished investors’ risk appetite.

OCBC strategists Sim Moh Siong and Christopher Wong report that Gold has come under pressure as rising global yields, higher real rates and renewed inflation concerns reduce expectations for near-term Fed cuts. ETF outflows and stress-driven liquidation are adding to downside.

The Indian Rupee (INR) extends its downfall against the US Dollar (USD) at the start of the holiday-shortened week. Indian markets will remain closed on Thursday due to Shri Ram Navami.

ING strategist Francesco Pesole highlights that aggressive repricing of European Central Bank tightening, with three hikes now fully priced, may have gone too far.

European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS) Peter Kazimir delivers remarks on the monetary policy outlook during the European trading session on Monday.

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $64.58 per troy ounce, down 4.82% from the $67.85 it cost on Friday.

HSBC economists report that the Reserve Bank of Australia (RBA) raised its cash rate to 4.10% in March, marking a second consecutive hike driven mainly by domestic capacity constraints and inflation concerns. They still see additional tightening as likely, possibly in May.

Rabobank strategists Michael Every, Florence Schmit and Joe DeLaura note that Brent crude has surged as Middle East conflict intensifies and the Strait of Hormuz remains effectively closed.

Greece Current Account (YoY) climbed from previous €-3.862B to €-1.286B in January

Gold (XAU/USD) bounces off a technically significant 200-day Simple Moving Average (SMA) during the first half of the European session on Monday and trims a part of its heavy intraday losses to a four-month low.