Monthly Archives: March 2026
Societe Generale economists expect ECB to hold rates, adopt hawkish tone, while assessing oil-price surge impact
Written on March 16, 2026 at 10:59 am, by davin
Societe Generale expects ECB to hold rates, sounding hawkish as oil rises; shock smaller yet persistent risks.
During early European trading, AUD/USD rises 0.5% to around 0.7015, supported by hawkish RBA expectations
Written on March 16, 2026 at 10:58 am, by davin
AUD/USD rebounds to 0.7015 as RBA hike bets rise; oil-linked inflation and Fed pause temper dollar.
WTI crude trades near $98 as Trump’s administration considers strikes on Iran’s Kharg Island export facilities
Written on March 16, 2026 at 10:58 am, by davin
WTI nears $97.85 as US weighs Iran strikes; Hormuz closure fears persist; IEA releases 400 million barrels.
Commerzbank’s Volkmar Baur says yen barely fell versus dollar, rose against euro, despite energy prices
Written on March 16, 2026 at 10:57 am, by davin
Yen slips modestly as energy costs rise; USD/JPY nears 160, awaiting BoJ guidance and intervention risk.
February’s Indian WPI inflation rose to 2.13%, exceeding forecasts of 2% according to released figures
Written on March 16, 2026 at 10:56 am, by davin
India’s WPI inflation rose to 2.13% in February, slightly above market expectations of 2%, official data showed.
Rabobank’s Ben Picton says Brent hardens as US-Iran strikes and regional oil-asset attacks raise supply fears
Written on March 16, 2026 at 10:56 am, by davin
US strikes near Iran’s Kharg Island lift Brent, stoking fears of Hormuz/Red Sea disruptions affecting global supplies.
Philippine gold prices declined, based on compiled data, with lower rates reported at the start of week
Written on March 16, 2026 at 10:55 am, by davin
Philippine gold prices slipped Monday: PHP 9,659.41/gram and PHP 112,665.50/tola, per FXStreet data.
Gold holds near $5,000 in Asia while investors weigh Iran conflict and central bank policy uncertainty
Written on March 16, 2026 at 10:54 am, by davin
Gold neared $5,000 as Middle East tensions lifted safe-haven demand, but central bank decisions pressured prices.
After the PCE data, markets reversed, the VIX tested highs, then slid, curbing an oversold rally
Written on March 16, 2026 at 10:53 am, by davin
Premarket rebound faded post-PCE; VIX and oil rose, dollar broke 100, equities slid as risk trimmed.
FXStreet-compiled data shows gold prices in the United Arab Emirates stayed broadly stable, with minimal movement today
Written on March 16, 2026 at 10:53 am, by davin
UAE gold prices were mostly flat Monday; FXStreet reported slight dips, while central-bank buying remains strong.