Monthly Archives: March 2026
US shares rise as oil prices fall; DJIA surpasses 47,000, with S&P 500 and Nasdaq advancing too
Written on March 16, 2026 at 11:51 pm, by davin
US stocks jumped as oil prices slid, easing inflation fears; tech led gains ahead of Fed decision.
EUR/GBP holds firm; caution prevails as markets await ECB and BoE rate decisions amid inflation worries
Written on March 16, 2026 at 11:51 pm, by davin
EUR/GBP slipped as traders awaited ECB and BoE decisions, with oil-driven inflation risks and key data.
AUD/USD trades near 0.7060, rebounding 1.16% as Australia tightening hopes and strong China data lift AUD
Written on March 16, 2026 at 11:50 pm, by davin
AUD/USD climbed near 0.7060, ahead of expected RBA hike, as US dollar eased, China data supported.
LyondellBasell shares rebounded strongly from multi-year lows; investors now monitor a key technical level closely
Written on March 16, 2026 at 10:51 pm, by davin
LYB rebounded 60% from low-$40s, testing $72 resistance; breakout targets $84, failure risks $57–$60 support.
MUFG says rising energy costs fuel UK inflation fears, prompting BoE hike bets and boosting Sterling versus Europe
Written on March 16, 2026 at 10:50 pm, by davin
UK rate-cut bets fade as energy-driven inflation risks rise, boosting sterling and shifting BoE outlook toward hikes.
Nordea economists expect Riksbank to keep rates at 1.75% into 2026 amid war and energy uncertainty
Written on March 16, 2026 at 10:50 pm, by davin
Nordea expects Riksbank to hold 1.75% March 19, steady through 2026; Middle East conflict raises inflation, hike risk.
TD Securities’ Ryan McKay says Red Sea chokepoints shift Saudi export risks, tightening oil supply globally
Written on March 16, 2026 at 9:57 pm, by davin
Hormuz disruptions boost reliance on Saudi East-West pipeline; Yanbu VLCC exports vulnerable to Bab El-Mandeb risks.
NBC economists say Canada’s inflation remains controlled, with CPI below 2%, despite recent oil price rises
Written on March 16, 2026 at 9:56 pm, by davin
Canada’s February CPI slowed to 1.8%, core eased, shelter cooled; oil prices may lift inflation soon.
INGING’s Warren Patterson raises the energy market outlook, dropping expectations of a brief Strait of Hormuz shutdown
Written on March 16, 2026 at 9:55 pm, by davin
ING revised its Hormuz disruption outlook, now expecting prolonged blockage into late March with slow recovery afterward.
RBC economist Claire Fan says February inflation cooled to 1.8%, though tax changes skew comparisons, with risks lingering
Written on March 16, 2026 at 9:55 pm, by davin
Canada’s inflation slowed to 1.8% in February; core measures fell, while oil risks may lift March.
