Monthly Archives: March 2026
US EIA data showed crude oil inventories rising 6.156M, far exceeding the 0.4M forecast estimate
Written on March 18, 2026 at 6:54 pm, by davin
US EIA data showed crude inventories rose 6.156 million barrels, far above the 0.4 million expected.
RBC economists say Canadian card spending rose slightly in February while discretionary goods purchases continued declining
Written on March 18, 2026 at 6:54 pm, by davin
Canadian card spending edged up in February, but discretionary goods fell; core retail improved slightly overall.
ING strategists say copper prices fell as LME inventories hit 2019 highs, driven by Taiwan, Baltimore inflows
Written on March 18, 2026 at 6:53 pm, by davin
Copper prices weaken as LME inventories hit highest since 2019, signaling softer demand and reduced bullish bets.
EUR/GBP remains steady as Eurozone inflation supports the Euro, while the Pound awaits BoE and ECB decisions
Written on March 18, 2026 at 6:52 pm, by davin
EUR/GBP steadied near 0.8638 as markets awaited BoE and ECB decisions amid inflation and energy-price risks.
Qatar’s foreign ministry warns Israel’s strike on Iran’s South Pars, linked to Qatar’s North Field, escalates danger
Written on March 18, 2026 at 6:52 pm, by davin
Qatar says Iran’s South Pars extends North Field, warns strikes threaten energy security; urges restraint, de-escalation.
EUR/JPY hovered near 183.50, little changed, as traders stayed cautious before ECB and BoJ decisions
Written on March 18, 2026 at 6:51 pm, by davin
EUR/JPY steadied near 183.50 ahead of ECB and BoJ decisions, as inflation data kept traders cautious.
Yu observes EM carry trades stay resilient amid Middle East conflict; only INR and RON remain underheld now
Written on March 18, 2026 at 6:50 pm, by davin
EM FX carry trades remain resilient; real rates support returns, while Fed caution and EM policy credibility persist.
TD Securities expects UK jobs to weaken, unemployment to reach 5.3%, wages to cool, sustaining BoE easing bias
Written on March 18, 2026 at 6:50 pm, by davin
TD Securities sees UK jobs falling 20k, unemployment rising to 5.3%, while wage growth cools slightly.
BLS reported February US producer prices up 3.4% annually, exceeding forecasts and January’s 2.9% rise
Written on March 18, 2026 at 4:52 pm, by davin
US producer prices beat forecasts in February, boosting core inflation and lifting the dollar index toward 99.80.
ABN AMRO’s Quaedvlieg says Hormuz closure-driven energy shock lifts US inflation, slows growth, justifying a dovish Fed hold
Written on March 18, 2026 at 4:51 pm, by davin
ABN AMRO says Hormuz energy shock may lift inflation, weaken growth, prompting Fed to hold rates.
