Monthly Archives: March 2026
March’s Eurozone flash composite PMI slips to 50.5, as service-sector weakness slows private business activity
Written on March 24, 2026 at 2:51 pm, by davin
Eurozone PMI slows as services weaken, manufacturing improves; rising costs and supply strains push EUR/USD lower.
Eurozone HCOB Composite PMI came in at 50.5, undershooting the 51.1 forecast in March
Written on March 24, 2026 at 2:50 pm, by davin
Eurozone March HCOB Composite PMI slipped to 50.5, missing forecasts, signalling marginal expansion just above contraction threshold.
In March, the Eurozone’s HCOB Services PMI hit 50.1, undershooting the 51 forecast
Written on March 24, 2026 at 2:50 pm, by davin
Eurozone HCOB Services PMI slipped to 50.1 in March, missing 51 forecast, signalling near-stagnant activity.
In March, Eurozone HCOB Manufacturing PMI reached 51.4, surpassing forecasts of 49.5 in manufacturing
Written on March 24, 2026 at 12:54 pm, by davin
Eurozone HCOB Manufacturing PMI rose to 51.4 in March, beating 49.5 forecast, signaling expansion.
OCBC strategists remain optimistic on AUD, citing hawkish RBA, firm activity and elevated inflation, targeting 0.75
Written on March 24, 2026 at 12:53 pm, by davin
Risk-off and energy prices pressure AUD, but hawkish RBA and hedging flows may lift AUD/USD 0.75.
France’s HCOB Composite PMI declines to 48.3, slipping from 49.9 previously, signalling weaker overall activity
Written on March 24, 2026 at 12:52 pm, by davin
France’s HCOB Composite PMI dropped to 48.3 in March from 49.9, signaling ongoing contraction below 50.0.
France’s HCOB Services PMI registered 48.3, undershooting the 49.2 forecast during March observations
Written on March 24, 2026 at 12:52 pm, by davin
France’s HCOB Services PMI fell to 48.3 in March, missing forecasts of 49.2, FXStreet reported.
France’s HCOB Manufacturing PMI reached 50.2, surpassing the March forecast of 49 and indicating modest growth
Written on March 24, 2026 at 12:51 pm, by davin
France’s HCOB Manufacturing PMI rose to 50.2 in March, beating forecasts and signaling manufacturing expansion.
During Europe’s session, gold rebounds above $4,400, retesting highs as hawkish central banks restrain gains
Written on March 24, 2026 at 12:51 pm, by davin
Gold rebounds above $4,400; hawkish central banks, stronger dollar cap gains, while Middle East tensions support safe-haven.
Deutsche Bank notes Brent whipsawing on mixed US–Iran talk signals, easing below $100 then rebounding above $103
Written on March 24, 2026 at 12:50 pm, by davin
Brent crude whipsawed on US–Iran talk rumors; fell below $100, rebounded above $103 as tensions returned.