Monthly Archives: March 2026
South Africa’s year-on-year manufacturing production slipped 0.7%, improving from the previous 1.4% decline

Written on March 12, 2026 at 8:51 pm, by davin
South Africa’s manufacturing production index declined 0.7% year-on-year in January, improving from December’s 1.4% drop.
AUBANK’s wave (4) expanding triangle implies an impulsive rally, aiming for 1138–1322 amid ongoing bullish cycle
Written on March 12, 2026 at 8:51 pm, by davin
AUBANK’s wave II ends at 477.75; wave III resumes bullish, targeting 1138.75–1322.35 before wave ((2)).
Brzeski expects ECB to hold rates in March, yet sound hawkish as Middle East war lifts oil prices fears

Written on March 12, 2026 at 8:21 pm, by davin
ING expects ECB to hold rates March 19, warn on inflation risks amid Middle East tensions, rising oil.
DBS’s Philip Wee urges caution as USD/JPY nears 159–160, awaiting BOJ’s hawkish hold decision

Written on March 12, 2026 at 8:21 pm, by davin
USD/JPY hovers near 159–160 as BOJ, oil, geopolitics and potential Japan intervention shape outlook.
TD Securities expects the RBA to lift rates twice, restoring the cash rate to 4.35%, supporting AUD

Written on March 12, 2026 at 7:51 pm, by davin
TD Securities expects RBA to hike 25bp in March and May amid tight capacity, rising inflation.
Safe-haven demand lifts oil and the US dollar again, as markets focus on developments outlined for March 12
Written on March 12, 2026 at 7:51 pm, by davin
Risk aversion rose as Middle East conflict widened, lifting oil prices, pressuring stocks, and driving mixed currency moves.
UOB strategists expect USD/JPY testing 159.45–160.00, fuelled by rising US yields, though overbought limits further gains

Written on March 12, 2026 at 7:21 pm, by davin
USD/JPY nears 159.00 on higher US yields; overbought signals cap gains, resistance 159.45, support 158.55.
MUFG’s Lloyd Chan says Brent tops $90 as Iraq and Hormuz risks eclipse IEA reserve release impact
Written on March 12, 2026 at 7:21 pm, by davin
Brent crude rose above $90 as Iraq, Hormuz supply risks outweighed IEA’s record 400-million-barrel release plan.
USD/INR remains stable, as rupee weakness counters improved market mood after a mistakenly republished analysis
Written on March 12, 2026 at 6:51 pm, by davin
USD/INR steady as hedging and outflows weigh; lower oil aids risk as IEA considers record release.
BNY strategist Geoff Yu says SNB may intervene, yet can tolerate franc strength given real effective rates

Written on March 12, 2026 at 6:50 pm, by davin
SNB signals readiness to intervene to curb franc volatility, favoring tactical liquidity steps amid safe-haven inflows.