Monthly Archives: March 2026
Scotiabank says USD/JPY edges higher; MoF caution restrains rises as yen underperforms, beating most G10s except CAD
Written on March 3, 2026 at 10:36 pm, by davin
USD/JPY edged higher as yen slipped 0.3%, despite safe-haven demand and Japan finance ministry warnings. Resistance mid-159s.
Against major peers, the pound weakens, slipping 0.3% to about 1.3360 versus the dollar in Europe
Written on March 3, 2026 at 9:38 pm, by davin
Sterling slid as Middle East war spurred risk-off trading; Nomura sees BoE March cut decision finely balanced.
US RealClearMarkets/TIPP monthly economic optimism registered 47.5, undershooting forecasts of 50.1 in March
Written on March 3, 2026 at 9:38 pm, by davin
RealClearMarkets/TIPP Economic Optimism Index fell to 47.5 in March, missing forecasts and remaining below 50.0.
Deutsche Bank’s Sanjay Raja says the Spring Statement was quiet, adding few measures and £6bn borrowing by 2030/31
Written on March 3, 2026 at 9:37 pm, by davin
Spring Statement offered few new measures; borrowing up GBP 6bn by 2030/31, but headroom risks persist.
After Iranian drones damaged three Middle Eastern data centres, Amazon shares opened 2% lower, affecting UAE, Bahrain
Written on March 3, 2026 at 9:36 pm, by davin
Amazon shares fell as Iranian drone strikes damaged Middle East data centres, degrading AWS services amid war.
Nomura analysts expect worsening conflict risks to boost Swiss franc strength, prompting potential Swiss National Bank interventions
Written on March 3, 2026 at 8:38 pm, by davin
Nomura expects conflict risks to strengthen CHF; SNB likely to intervene via FX purchases, avoiding negative rates.
Despite firmer Eurozone inflation, EUR/GBP slips as traders reassess central-bank policy amid US-Iran oil tensions
Written on March 3, 2026 at 8:37 pm, by davin
EUR/GBP slips near 0.8710 as oil, Iran tensions and shifting BoE/ECB expectations boost pound, cap euro.
Commerzbank’s Stamer says February eurozone inflation hit 1.9%, core 2.4%, exceeding forecasts as oil prices rose
Written on March 3, 2026 at 8:37 pm, by davin
Euro area inflation beats forecasts as Iran-related energy spikes lift prices; Commerzbank warns 3% risk.
America’s Redbook Index showed annual growth accelerating to 7% from 6.7%, according to latest figures
Written on March 3, 2026 at 8:36 pm, by davin
US Redbook Index accelerated to 7% year-on-year on February 27, up from 6.7% previously.
ING’s Patterson and Manthey say Brent surged on Middle East tensions; later eased as traders reassessed supply disruptions
Written on March 3, 2026 at 7:38 pm, by davin
Brent climbed on Middle East tensions, but gains eased as markets reassessed risks of supply disruptions.
