Monthly Archives: March 2026
New Zealand’s GDT Price Index fell sharply, reaching 0.1% after previously standing at 5.7%
Written on March 18, 2026 at 5:57 am, by davin
New Zealand’s GDT Price Index rose 0.1%, sharply slowing from 5.7%, with no additional details provided.
Ahead of forthcoming ECB and Bank of England policy decisions, EUR/GBP stays near 0.8640, little changed
Written on March 18, 2026 at 5:57 am, by davin
EUR/GBP hovered near 0.8640 as traders awaited ECB and BoE decisions, plus UK jobs data Thursday.
Prior analysis, when S&P 500 traded near 6746, suggested bearish waves pointing towards 6,500 or lower
Written on March 18, 2026 at 5:28 am, by davin
S&P 500 fell from 6,746, confirming bearish Elliott Wave; below 6,575 targets 6,494 amid correction possibilities.
Scotiabank sees EUR/USD rising modestly, helped by yield spreads and improved sentiment, despite weak German ZEW data
Written on March 18, 2026 at 5:27 am, by davin
EUR/USD edged higher Tuesday, shrugging weak German ZEW data as sentiment and yields supported recovery momentum.
Near 1.3350, GBP/USD stays bullish as traders shun the dollar ahead of Fed and BoE decisions
Written on March 18, 2026 at 4:58 am, by davin
GBP/USD climbs near 1.3350 ahead of Fed, BoE decisions; Middle East tensions, PCE inflation shape outlook.
TD Securities expects AUD strength as trade gains and pension fund hedging outweigh geopolitical risks, post-split RBA vote
Written on March 18, 2026 at 4:57 am, by davin
TD Securities expects Aussie dollar to outperform G10, supported by trade shock, hedging flows, and LNG strength.
INGING’s strategist Ewa Manthey says Alba and Qatalum cuts tighten Gulf aluminium supply, impacting regional output
Written on March 18, 2026 at 4:28 am, by davin
Middle East aluminium supply tightens as Alba and Qatalum curtail output amid disrupted Hormuz shipments, dwindling alumina.
Commerzbank’s Carsten Fritsch says disruptions, reserves and shifting demand may reshape oil balances over time
Written on March 18, 2026 at 4:27 am, by davin
IEA warns Strait of Hormuz blockade cuts record oil output, echoing 1970s crises; reserves may ease shortages.
Traders keep GBP/JPY steady, awaiting BoE and BoJ interest-rate decisions, while sparse data mutes moves
Written on March 18, 2026 at 3:58 am, by davin
GBP/JPY holds near 212.15 ahead of BoE/BoJ decisions; oil-driven inflation boosts Pound, guidance watched closely.
Scotiabank strategists say USD/CAD stays rangebound; oil strength and tight yield spreads underpin the Canadian dollar
Written on March 18, 2026 at 3:57 am, by davin
Scotiabank says loonie undervalued; USD/CAD near 1.37 faces resistance, with Fed and BoC meetings ahead.
