Monthly Archives: March 2026
WTI crude nears $100, rising 3% at week’s open, as new supply fears lift prices
Written on March 16, 2026 at 8:20 am, by davin
Crude oil jumps 3% as US-Iran conflict escalates; traders watch Strait of Hormuz shipping risks closely.
Macron urged swift restoration of Hormuz navigation and demanded Iran halt attacks on Lebanon, Iraq regional states
Written on March 16, 2026 at 7:51 am, by davin
Macron urges restoring Hormuz navigation, pressing Iran to stop regional attacks and accept nuclear, missile limits.
Amid escalating Middle East tensions, the Australian dollar remains near 0.6990 as traders track US-Israel-Iran war developments
Written on March 16, 2026 at 7:50 am, by davin
AUD/USD rose near 0.6990 as US-Israel-Iran conflict escalated, boosting geopolitical risk and safe-haven dollar demand.
USD/JPY opens lower as officials pledge to monitor markets, while Middle East conflict escalation widens FX gaps
Written on March 16, 2026 at 7:21 am, by davin
USD/JPY gaps lower near 159.50 as Japan warns on yen, Middle East tensions, bullish technicals hold.
US Energy Secretary Chris Wright anticipates the US–Israel conflict with Iran ending in weeks, easing oil prices
Written on March 16, 2026 at 7:20 am, by davin
US energy secretary Chris Wright predicts US–Israel war with Iran ending in weeks, oil prices falling.
New Zealand’s annual electronic card retail sales increased to 1.5%, up from 0.4% previously in February
Written on March 16, 2026 at 6:21 am, by davin
New Zealand electronic card retail sales increased 1.5% year-on-year in February, accelerating from 0.4% previously.
New Zealand’s electronic card retail sales rose monthly, improving from -1.1% previously to 1.4% in February
Written on March 16, 2026 at 6:20 am, by davin
New Zealand’s electronic card retail sales climbed 1.4% in February, reversing January’s 1.1% decline.
In February, New Zealand’s BusinessNZ PSI fell to 48, down from the prior 50.9
Written on March 16, 2026 at 5:51 am, by davin
New Zealand’s BusinessNZ PSI fell to 48.0 in February from 50.9, signalling contraction in services activity.
The White House plans to unveil allied coalition escorts safeguarding ships through the Strait of Hormuz corridor
Written on March 16, 2026 at 5:50 am, by davin
Trump urges allies to join coalition escorting ships through Strait of Hormuz amid Iran threats, talks continue.
South Korea and Japan consider Trump’s Hormuz security request, pledging close US talks before deciding after review
Written on March 15, 2026 at 5:51 pm, by davin
South Korea weighs Hormuz role; Japan cites legal hurdles as Trump urges allies, oil prices threatened.
