Monthly Archives: March 2026
Baker Hughes reports the US oil rig count has fallen from 414 to 409, according to latest data
Written on March 28, 2026 at 7:01 am, by davin
Baker Hughes reported active US oil rigs dropped to 409 from 414, signaling reduced drilling activity.
Banxico’s unexpected cut and easing hint heighten peso downside, as longs crowd and carry edge narrows
Written on March 28, 2026 at 7:00 am, by davin
Banxico’s surprise cut boosts peso downside risks as carry shrinks, positioning crowds, and emerging-market hedging increases.
During North American trade, sterling stays above 1.3300, yet faces weekly losses as dollar demand rises
Written on March 28, 2026 at 6:31 am, by davin
GBP/USD held 1.3300 but eyed weekly, monthly losses as Middle East tensions boosted dollar demand, risk-off.
WTI crude climbs to about $96, up 3.55%, driven by Middle East tensions and Hormuz disruption fears
Written on March 28, 2026 at 6:30 am, by davin
WTI jumps to $96 amid escalating Middle East tensions, Iran risks, and Strait of Hormuz disruption fears.
Gold rebounds above $4,500 as a softer US Dollar supports gains amid heightened US-Israel-Iran tensions
Written on March 28, 2026 at 6:01 am, by davin
Gold rebounds near $4,527 as dollar eases; weak sentiment, rising inflation expectations, Middle East tensions lift prices.
Barkin says holding interest rates steady is sensible while AI and geopolitical risks obscure economic forecasts
Written on March 28, 2026 at 6:00 am, by davin
Barkin urges holding rates steady amid AI, geopolitical uncertainty and inflation risks; labor market fragile, demand narrow.
Following early losses, EUR/USD rises to 1.1545 as the US Dollar retreats from highs, supporting Euro
Written on March 28, 2026 at 5:31 am, by davin
EUR/USD rebounded near 1.1545 as the Dollar eased; sentiment slipped, inflation expectations rose, tensions persisted.
INGING observes ECB officials tolerate hawkish market pricing, while rising oil strengthens expectations for higher short-term euro rates
Written on March 28, 2026 at 5:30 am, by davin
Oil prices boost hawkish ECB rate expectations; Lagarde warns war risks, long disruptions, and forceful policy.
Amid Middle East tensions, Sterling stays fragile versus the Dollar, maintaining last week’s BoE-backed recovery gains
Written on March 28, 2026 at 5:01 am, by davin
Pound holds post-BoE gains; GBP/USD stays mildly bearish amid uncertain US-Iran de-escalation talks and mixed UK data.
Commerzbank’s Thu Lan Nguyen lifts gold outlook, expecting $5,000 by 2026 end, $5,200 following year
Written on March 28, 2026 at 5:00 am, by davin
Commerzbank lifts gold outlook after 15% drop, seeing $5,000 by end-2026 and $5,200 next year.
