Monthly Archives: March 2026
Bob Savage warns diesel topping $5 may lift transport costs, inflation, and raise US midterm political risks
Written on March 17, 2026 at 4:51 pm, by davin
US diesel tops $5 at $5.044 amid Iran-linked Hormuz disruptions, tightening Gulf supplies and stoking inflation.
America’s ADP employment four-week average declined to 9K from 15.5K, recorded in February
Written on March 17, 2026 at 4:51 pm, by davin
US ADP employment change four-week average slipped to 9K in week ending February 21, from 15.5K.
Commerzbank’s Fritsch says gold dropped 5% during Iran conflict, hampered by strong dollar, Fed outlook
Written on March 17, 2026 at 4:50 pm, by davin
Gold dips 5% amid stronger dollar, ETF outflows, reduced rate-cut bets; inflation risks limit Fed support.
XAG/USD hovers cautiously near $80.50 in Europe as traders await the Federal Reserve’s upcoming policy decision
Written on March 17, 2026 at 3:52 pm, by davin
Silver steadies near $80.50 ahead of Fed decision; higher rates pressure; Middle East tensions support, triangle forms.
Ahead of the BoC decision, the Canadian dollar has outperformed G10 peers, supported by steady Iran-conflict inflows
Written on March 17, 2026 at 3:52 pm, by davin
Canadian dollar outperformed during Iran conflict; flows steady but cautious ahead of BoC, with hedging prevalent.
TD Securities sees stabilising markets lifting US rates, doubting hike odds, favouring an extended Fed pause
Written on March 17, 2026 at 3:51 pm, by davin
US rates rose; swap spreads widened. Markets focus on Fed expectations, geopolitics, and upcoming 20-year reopening.
Germany’s ZEW Current Situation index registered -62.9, beating expectations of -67.1 during March
Written on March 17, 2026 at 3:50 pm, by davin
Germany’s ZEW current situation index improved to -62.9 in March, beating the -67.1 forecast, though weak.
Germany’s March ZEW economic sentiment fell to -0.5, missing the 38.7 forecast, undershooting expectations overall
Written on March 17, 2026 at 2:52 pm, by davin
Germany’s March ZEW economic sentiment fell to -0.5, missing forecasts of 38.7, signaling weaker expectations.
MUFG’s Lee Hardman says consecutive RBA hikes lifted rates to 4.10%, underpinning AUD, then gains faded
Written on March 17, 2026 at 2:51 pm, by davin
RBA hikes 25 bps to 4.10%, warns inflation risks; AUD swings, markets price further tightening.
US index futures drift lower in European trading, with Dow near 46,850; S&P, Nasdaq also down
Written on March 17, 2026 at 2:51 pm, by davin
US stock futures slipped as oil jumped on Hormuz disruptions and Iran attacks, dampening Fed cut expectations.