Monthly Archives: March 2026
Rising oil prices tied to Middle East conflict bolster the US dollar, pressuring high-yielding emerging-market currencies
Written on March 9, 2026 at 4:55 pm, by davin
Middle East conflict lifted oil, boosting dollar and yields; carry trades unwind, pressuring emerging currencies, volatility rising.
Middle East war risks push the S&P 500 down, extending falls from January highs after a gap lower
Written on March 9, 2026 at 4:55 pm, by davin
S&P 500 declines from January highs; fifth-wave correction targets 6,370–6,500, with 6,772 breakout invalidating bearish view.
With oil rising, inflation worries return as Dow, S&P 500 and Nasdaq futures fall in Europe
Written on March 9, 2026 at 4:54 pm, by davin
Dow futures drop as oil tops $113 on Iran conflict; Hormuz closed, output cuts fuel inflation fears.
Oil-fuelled inflation worries limit rate-cut expectations, supporting the dollar as gold stays weak below $5,100
Written on March 9, 2026 at 4:53 pm, by davin
Gold steadies near $5,100 as Iran conflict, Hormuz fears and risk-off mood boost haven demand.
Singapore’s foreign reserves slipped month-on-month, falling to 416.1B in February from 417B previously
Written on March 9, 2026 at 4:53 pm, by davin
Singapore’s foreign reserves slipped to $416.1 billion in February, down $0.9 billion from January’s $417.0 billion.
UOB’s researchers report February’s US job market weakened: non-farm payrolls fell 92,000, participation declined sharply
Written on March 9, 2026 at 4:52 pm, by davin
US February payrolls dropped 92,000, unemployment hit 4.4%, participation dipped, private losses led, wages rose.
The US Dollar Index maintained bullish momentum, gapping higher above the 200-day EMA near 99.70
Written on March 9, 2026 at 4:51 pm, by davin
DXY jumps near 99.70 amid Middle East risks, oil-driven inflation fears, and bullish technicals above 200-day EMA.
Turner warns EUR/USD’s 1.15 support may falter as costly oil caps IEA rally upside
Written on March 9, 2026 at 4:51 pm, by davin
EUR/USD support near 1.1500 strains as oil prices hit Europe; IEA release may cap gains.
Austria’s trade balance worsened in December, sliding from €-352M previously to €-1301M
Written on March 9, 2026 at 4:50 pm, by davin
Austria’s December trade deficit widened sharply, deteriorating from €352 million to €1,301 million as import-export gap grew.
Deutsche Bank expects February US headline CPI to firm on energy, while core eases near 2.4% YoY
Written on March 9, 2026 at 12:52 pm, by davin
Deutsche Bank sees February CPI firming on energy, with core easing; core PCE projected higher.