Monthly Archives: March 2026
Boston Fed President Collins says rate cuts need clearer easing inflation, and policy requires no urgent shift
Written on March 7, 2026 at 1:50 am, by davin
Collins said Fed will stay patient, holding rates steady until clear inflation cooling evidence, amid tariff uncertainty.
WTI crude oil rose 11%, surpassing $87, reaching its highest level since October 2023, amid Hormuz tensions
Written on March 6, 2026 at 11:52 pm, by davin
WTI surges above $87 as US-Iran conflict closes Hormuz; shipping halts, oil/LNG exports disrupted, prices spike.
ING economists expect Japan’s 2025 Q4 GDP revision higher, as winter bonuses grow and inflation eases wages
Written on March 6, 2026 at 11:51 pm, by davin
Japan’s 2025 Q4 GDP may be revised up; China inflation/trade due; earnings rise, PPI steady.
ECB policymaker Isabel Schnabel says it remains well placed, despite Iran war heightening inflationary pressures upward
Written on March 6, 2026 at 11:51 pm, by davin
ECB’s Schnabel warns Iran war raises inflation risks, urges vigilance on expectations, wages, and pricing.
The Kiwi trims earlier declines, holds above the 200-day SMA at 0.5874, nearing 0.5900 unchanged
Written on March 6, 2026 at 11:50 pm, by davin
NZD/USD stabilized near 0.5900 above 200-day SMA; bearish RSI persists, key support and resistance levels.
Baker Hughes reported the US oil rig count increased to 411 from 407 in the previous release
Written on March 6, 2026 at 10:52 pm, by davin
Baker Hughes reports US active oil rigs increased to 411 from 407, a gain of four rigs.
Miran says the Fed usually ignores oil price moves and remains cautious about interpreting one month’s jobs data
Written on March 6, 2026 at 10:51 pm, by davin
Fed Governor Stephen Miran downplayed one jobs report, called policy too tight, and pegged neutral rate 2.5–2.75%.
ABN AMRO foresees China’s February CPI rising near 1% annually, lifted by Lunar New Year spending effects
Written on March 6, 2026 at 10:51 pm, by davin
ABN AMRO forecasts China February inflation near 1%, smaller producer-price falls, and stronger exports/imports on tech-led growth.
USD/CAD falls as softer US payrolls weaken the dollar, while higher oil prices lift the loonie
Written on March 6, 2026 at 10:50 pm, by davin
USD/CAD drops on weak US jobs report, stronger oil prices, while Canada PMI rises sharply.
Gold climbs as softer US payrolls weaken the dollar, with Middle East tensions boosting safe-haven demand
Written on March 6, 2026 at 9:52 pm, by davin
Gold jumps above $5,140 on weak payrolls, risk-off Middle East tensions; still weekly loss on dollar.