Monthly Archives: March 2026
Rabobank’s Jane Foley says UK risks remain high; energy shocks may boost CPI, constraining BoE easing
Written on March 10, 2026 at 8:51 pm, by davin
Rabobank warns UK energy shock could lift CPI, constrain BoE cuts, and raise fiscal, political risks.
Turner says AUD/USD stays resilient, topping peers as equities hold firm and Australia’s energy exports lift trade terms
Written on March 10, 2026 at 8:51 pm, by davin
AUD/USD outperforms on resilient equities, strong Australian energy exports, hawkish RBA, and upbeat China trade data.
Nordea’s Sara Midtgaard says oil and gas gains and Norges Bank purchases may briefly push EUR/NOK to 11
Written on March 10, 2026 at 8:50 pm, by davin
Oil, gas prices and Norges Bank krone purchases support NOK; EUR/NOK may briefly hit 11, then rebound.
US existing home sales reached 4.09M monthly, beating forecasts of 3.89M, according to recent data
Written on March 10, 2026 at 7:52 pm, by davin
US existing home sales rose to a 4.09 million annual rate in February, beating 3.89 million forecasts.
Scotiabank says the Canadian Dollar strengthens as US Dollar softens, aided by swaps, risk appetite, oil weakness
Written on March 10, 2026 at 7:51 pm, by davin
Canadian dollar edges up as US dollar softens; USD/CAD consolidates above fair value, support holds near 1.35.
TD Securities’ Daniel Ghali observes gold demand stayed weak after war began, with OTC interest fading quickly
Written on March 10, 2026 at 7:51 pm, by davin
TD Securities sees waning gold demand, summer-like volumes, lower leverage, ETF holdings, and fewer inflow catalysts.
Nomura says Switzerland’s inflation stays near zero; SNB monitors CHF, amid limited energy CPI exposure and hydropower reliance
Written on March 10, 2026 at 7:50 pm, by davin
Swiss inflation stays near zero; SNB holds rates at 0%, watches franc strength, weighing intervention over negatives.
Amid US-Iran conflict and Hormuz disruption fears, GBP/JPY climbs as Japan’s oil-dependent Yen weakens
Written on March 10, 2026 at 6:52 pm, by davin
GBP/JPY climbed as yen weakened on Hormuz disruption fears; oil risk premium persists and BoE cut odds decline.
Commerzbank’s Baur says China’s strong ore imports boost copper output, while Congo supply faces risk
Written on March 10, 2026 at 6:51 pm, by davin
China’s early metal imports diverged: iron ore and copper ore rose, while raw copper fell. Supply risks loom.
NBC says Iran conflict raised BoC volatility, keeping front-end rates steady as markets briefly priced 2026 hikes
Written on March 10, 2026 at 6:50 pm, by davin
March volatility surged as Iran conflict swung Bank of Canada expectations from cuts to possible 2026 hikes.
