Comments by Ifo economist, Klaus Wohlrabe
And with the virus situation worsening and carrying over to Q2, there is worry that the economic drag will continue for a few more months as the vaccine rollout is still at its infancy stage at this point in time.

Easy come, easy go
As we observed yesterday, the gains in futures during European trading may not amount to much and sentiment is still largely leaning towards being more cautious.

Forex news from the European morning session – 25 March 2021
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities lower; S&P 500 futures up 0.1%

Fed chair Powell speaks in an interview on NPR’s Morning Edition
– As economy recovers and makes substantial progress towards Fed goals, we will roll back bond purchases
So far, nothing in there that he hasn’t already said before. It doesn’t look like the Fed will offer up more clues in the near-term until there is more

Latest data released by CBI – 25 March 2021
That suggests that as the vaccine rollout progresses and the economy reopens, consumer sentiment is expected to pick up down the road.

Bild reports on the matter, citing government sources
As the virus situation looks to be worsening in Germany, the government is reportedly going to take stricter measures against travelers looking to enter the country.

Forex news from the European morning session – 24 March 2021
Headlines:
Markets:
– CAD leads, GBP lags on the day
– European equities mixed; S&P 500 futures up 0.4%

Merkel says it was a mistake to back a lockdown for Easter
here

Latest data from the Mortgage Bankers Association for the week ending 19 March 2021
– Prior -2.2%
– Market index 747.0 vs 766.2 prior
– Purchase index 301.9 vs 294.3 prior

Further remarks by Debelle
This is exactly what was highlighted in my earlier post .