Monthly Archives: March 2026
Driven by US–Iran tensions, gold stays near $5,150 as safe-haven interest builds ahead of jobless data
Written on March 5, 2026 at 6:36 am, by davin
Gold nears $5,145 as US–Iran tensions boost safe-haven demand; strong US data supports higher-for-longer Fed.
DBS economists say Indonesia’s growth stays resilient, with minimal Iran exposure, broader Gulf ties, commodity exports buffering shocks
Written on March 5, 2026 at 4:43 am, by davin
DBS economists say Indonesia’s growth outlook remains intact; Middle East tensions have marginal trade impact, forecasts unchanged.
AUD/USD rebounds to 0.7077, nearing 0.7080 as dollar weakens amid better sentiment, solid US data
Written on March 5, 2026 at 4:42 am, by davin
AUD/USD climbed to 0.7077 as dollar weakened; resistance 0.7122/0.7147, support 0.7000 then 0.6944.
Rising risk appetite lifts the Mexican Peso, pushing USD/MXN down to 17.56 despite Middle East tensions, strong US data
Written on March 5, 2026 at 4:42 am, by davin
USD/MXN fell to 17.56 as risk appetite lifted peso; US data mixed; Banxico outlook eyed rates.
In February, South Korea’s foreign exchange reserves increased to 427.62B, up from 425.91B previously
Written on March 5, 2026 at 4:41 am, by davin
South Korea’s foreign exchange reserves climbed to $427.62bn in February, up $1.71bn from January’s $425.91bn.
Oil Climbs as Strait of Hormuz Disruption Tightens Supply
Written on March 5, 2026 at 4:40 am, by davin
Oil rises as Hormuz shipping stalls and Middle East supply tightens amid the widening U.S.–Iran conflict. | VT Markets
Standard Chartered’s Hunter Chan and Shuang Ding anticipate resilient China data despite weak official PMI sentiment signals
Written on March 5, 2026 at 4:38 am, by davin
Standard Chartered expects resilient China Jan–Feb data: steady output, rebounding retail, robust trade, stabilising investment, weaker property.
Fed’s March 2026 Beige Book reports uneven expansion, persistent price pressures, and five districts flat or declining
Written on March 5, 2026 at 4:38 am, by davin
March 2026 Beige Book: mixed district activity, moderate price and wage gains, Fed may adjust rates.
Despite strong US jobs and services data, the dollar softened as US-Iran conflict dampened market sentiment
Written on March 5, 2026 at 4:37 am, by davin
Dollar slips from near 100 as strong US data clashes with Middle East tensions; gold, oil surge.
As safe-haven demand wanes, the Dollar Index drops 0.18%, ending near 98.90 after five-week peak retreat
Written on March 5, 2026 at 4:37 am, by davin
DXY slips to 98.90 as Middle East tensions lift oil, inflation worries; markets await jobless claims, NFP.
