Monthly Archives: March 2026
AUD/USD drops to about 0.6950 as risk aversion and Middle East tensions boost the US Dollar
Written on March 24, 2026 at 8:51 pm, by davin
AUD/USD neared 0.6950 as Middle East tensions boosted US Dollar demand, while weak Australian PMI pressured.
In March, the US Richmond Fed manufacturing index hit 0, beating forecasts of minus five
Written on March 24, 2026 at 8:51 pm, by davin
Richmond Fed manufacturing index held at 0 in March, beating forecasts of -5, signaling unchanged regional conditions.
US private-sector output expanded moderately, as March’s composite PMI slipped to 51.4, from 51.9
Written on March 24, 2026 at 8:50 pm, by davin
US business activity grew moderately in March; mixed PMIs and Middle East war fueled inflation concerns, dollar rose.
After weaker UK PMI figures, Sterling softens, nudging GBP/JPY down near 212.50 after earlier gains
Written on March 24, 2026 at 8:50 pm, by davin
GBP/JPY edged lower near 212.50 as weak UK PMIs weighed, despite softer Japanese inflation support.
DBS economist says Shin’s stability focus implies no near BoK tightening, making South Korean rate rises unlikely
Written on March 24, 2026 at 7:54 pm, by davin
Yoon nominates Shin as Bank of Korea governor; markets price hikes, but macro risks pressure won, KOSPI.
S&P Global reported US manufacturing PMI at 52.4, beating the 51 forecast during March, rising above expectations
Written on March 24, 2026 at 7:53 pm, by davin
S&P Global’s US Manufacturing PMI rose to 52.4 in March, beating forecasts and signaling manufacturing expansion.
In the United States, March’s S&P Global Services PMI missed forecasts, registering 51.1 versus the expected 51.7
Written on March 24, 2026 at 7:53 pm, by davin
US S&P Global Services PMI in March fell to 51.1, below 51.7 forecast, still signaling expansion.
In March, the US S&P Global Composite PMI fell to 51.4, down from 51.9
Written on March 24, 2026 at 7:52 pm, by davin
S&P Global US Composite PMI slipped to 51.4 in March from 51.9, still indicating expansion.
Vertex Pharmaceuticals, a global biotech, may dip briefly before rising strongly, trading as VRTX on Nasdaq
Written on March 24, 2026 at 7:52 pm, by davin
Vertex Pharmaceuticals (VRTX) shows bullish weekly trend above August 2025 low; break November 2024 high confirms wave (III).
Kraft Heinz shares hover near $20 support; investors retreat, yet informed buyers accumulate, anticipating bonus returns
Written on March 24, 2026 at 7:51 pm, by davin
Kraft Heinz nears $20–$21 support at multi-year lows, offering 7.54% yield and potential technical bounce ahead.
