Gold slipped near $5,180 as firmer dollar, higher yields capped gains; inflation steady, Mideast tensions support.
Euro rates track energy prices; ECB hikes priced for 2026 may fade with cheaper energy, lowering yields.
EUR/GBP slid to 0.8628 as oil-price fears shifted BoE cut expectations, slightly outweighing ECB tightening bets.
Canada’s smaller oil sector still boosts exports; higher oil prices raise costs but GDP impact remains neutral.
Australian Dollar climbed on improved risk appetite, hawkish RBA signals, rising rate-hike odds and higher energy prices.
IEA members agreed to release 400 million barrels from emergency reserves, largest coordinated strategic oil release ever.
February CPI matched forecasts; core and supercore cooled. TD sees higher energy lifting March inflation near 3%.
US EIA data on March 6 showed crude oil stocks rose 3.824M, exceeding the 1.1M forecast.
Nifty dropped 400 points after failing at 24,300; video revisits Elliott Wave plan predicting reversal toward 23,900.
WTI pulled back from $120; Hormuz closure strands supply, easing later as rerouting, SPR releases, flows return.
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