Monthly Archives: March 2026
WTI futures rise 2% near $76, yet struggle above it as Middle East tensions show easing
Written on March 5, 2026 at 5:38 pm, by davin
WTI rises 2% near $76 as Middle East tensions ease; Iran signals nuclear concessions, inflation worries persist.
Commerzbank’s Charlie Lay says surging global oil prices weaken the rupee, lifting USD/INR beyond 92.00
Written on March 5, 2026 at 5:37 pm, by davin
Rupee hits record low above 92 as oil surges; RBI limits volatility, USD/INR seen 90–92.
US Challenger job cuts in February dropped to 48.307K, down from the prior 108.435K level
Written on March 5, 2026 at 5:37 pm, by davin
US Challenger job cuts dropped to 48.307K in February, down from 108.435K in January, a 60.128K decrease.
Around 0.5920, NZD/USD slips 0.32%, pressured by a firmer US Dollar and RBNZ rate expectations
Written on March 5, 2026 at 5:36 pm, by davin
NZD/USD slips to 0.5920 as stronger US data lifts Dollar, delaying Fed cuts; RBNZ stays dovish.
Mexico’s consumer confidence edged up to 44.5, improving slightly from the prior 44.3 reading in February
Written on March 5, 2026 at 3:38 pm, by davin
Mexico’s consumer confidence index edged up to 44.5 in February from 44.3, signaling modest improvement.
Mexico’s seasonally adjusted consumer confidence rose from 44 to 44.4, improving from prior levels
Written on March 5, 2026 at 3:37 pm, by davin
Mexico’s consumer confidence edged up in February, rising to 44.4 from 44, signaling improved sentiment.
Iran’s deputy foreign minister rejects claims Tehran would quit its nuclear programme for an attractive US offer
Written on March 5, 2026 at 3:37 pm, by davin
Iran denies abandoning nuclear program for US incentives; deputy says remark referred to earlier talks; oil rebounds.
Rabobank’s Elwin de Groot says the EU’s Industrial Accelerator Act will rebuild industry, cut dependencies, boost decarbonisation
Written on March 5, 2026 at 3:36 pm, by davin
European Commission’s Industrial Accelerator Act targets rebuilding industry, accelerating decarbonisation, reducing dependence, and strengthening resilient supply chains.
RBI action helps the rupee end a five-session slide, keeping USD/INR near its session low
Written on March 5, 2026 at 2:38 pm, by davin
Indian rupee snapped five-day slide as RBI intervened; USD/INR eased from record on oil, flows.
Amid geopolitical tensions, safe-haven demand lifts the Yen, leaving EUR/JPY lower near 182.60, down 0.14%
Written on March 5, 2026 at 2:37 pm, by davin
EUR/JPY dipped to 182.60 as risk-off and Middle East tensions boosted Yen; Eurozone data mixed.
