Monthly Archives: March 2026
TD Securities’ Ryan McKay says Red Sea chokepoints shift Saudi export risks, tightening oil supply globally
Written on March 17, 2026 at 5:21 am, by davin
Hormuz disruptions boost reliance on Saudi East-West pipeline; Yanbu VLCC exports vulnerable to Bab El-Mandeb risks.
NBC economists say Canada’s inflation remains controlled, with CPI below 2%, despite recent oil price rises
Written on March 17, 2026 at 5:21 am, by davin
Canada’s February CPI slowed to 1.8%, core eased, shelter cooled; oil prices may lift inflation soon.
INGING’s Warren Patterson raises the energy market outlook, dropping expectations of a brief Strait of Hormuz shutdown
Written on March 17, 2026 at 4:51 am, by davin
ING revised its Hormuz disruption outlook, now expecting prolonged blockage into late March with slow recovery afterward.
RBC economist Claire Fan says February inflation cooled to 1.8%, though tax changes skew comparisons, with risks lingering
Written on March 17, 2026 at 4:50 am, by davin
Canada’s inflation slowed to 1.8% in February; core measures fell, while oil risks may lift March.
Rabobank’s Jane Foley says Swiss franc’s haven appeal troubles SNB amid low inflation and zero interest rates
Written on March 17, 2026 at 4:21 am, by davin
Swiss franc’s safe-haven strength challenges SNB, amid low inflation, limited rate cuts, and constrained FX intervention.
In March, the US NAHB Housing Market Index reached 38, exceeding the 37 forecast by analysts
Written on March 17, 2026 at 4:20 am, by davin
NAHB Housing Market Index rose to 38 in March, beating 37 forecast, signaling slightly improved builder sentiment.
USD/CAD edges lower as easing Canadian inflation and softer US Dollar shift focus towards US-Iran conflict concerns
Written on March 17, 2026 at 3:51 am, by davin
USD/CAD slips near 1.3659 as softer Canadian CPI and BoC/Fed decisions dominate, oil risks support prices.
Bob Savage says dollar, oil and equity links are changing as investors confront Iran tensions and central banks
Written on March 17, 2026 at 3:50 am, by davin
Bob Savage cites Iran conflict, central banks, shifting dollar-oil-equity links; oil/gold ratio signals deleveraging.
MUFG analysts stay short EUR/USD, expecting energy-driven terms-of-trade losses to keep the euro pressured
Written on March 17, 2026 at 3:21 am, by davin
MUFG stays short EUR/USD, citing oil and gas-driven terms-of-trade shocks; higher crude implies lower EUR/USD.
Federal Reserve data showed US output rising 0.2% monthly, whilst capacity use held at 76.3% thereafter
Written on March 17, 2026 at 3:20 am, by davin
US industrial production rose 0.2% in February; capacity utilization steady at 76.3%, DXY eased afterward.
