Monthly Archives: March 2026
US consumer credit rose by $8.05B, undershooting forecasts of $12B during January, according to figures
Written on March 7, 2026 at 2:50 am, by
January US consumer credit rose $8.05B, under $12B forecast, signaling slower household borrowing across revolving, nonrevolving loans.
Cleveland Fed President Beth Hammack says US inflation remains excessive, driven by widespread pressures beyond tariffs
Written on March 7, 2026 at 1:54 am, by
Cleveland Fed’s Hammack says inflation remains too high, rates on hold, and dollar dominance persists globally.
USD/MYR holds near recent peaks, with further gains possible, amid dollar strength, weak sentiment, Iran tensions, energy focus
Written on March 7, 2026 at 1:53 am, by
USD/MYR trades near highs amid dollar strength, risk-off sentiment; Iran tensions lift resistance focus, supports tested.
Argentina’s year-on-year, non-seasonally adjusted industrial output still fell, improving to -3.2% from -3.9% in January
Written on March 7, 2026 at 1:52 am, by
Argentina’s industrial output fell 3.2% year-on-year in January, improving slightly from December’s 3.9% decline.
Escalating Middle East war drove oil higher, while weak US jobs data rattled the US dollar
Written on March 7, 2026 at 1:52 am, by
Iran leader assassination sparked wider conflict; Strait of Hormuz blocked, oil surged, dollar slipped on weak jobs.
Silver edges up as dollar and yields soften after weak payrolls; indicators keep prices range-bound, weekly lower
Written on March 7, 2026 at 1:51 am, by
Silver rebounds as softer US jobs data weakens dollar and yields, but weekly decline persists amid tensions.
WTI crude oil rose 11%, surpassing $87, reaching its highest level since October 2023, amid Hormuz tensions
Written on March 6, 2026 at 11:52 pm, by
WTI surges above $87 as US-Iran conflict closes Hormuz; shipping halts, oil/LNG exports disrupted, prices spike.
ING economists expect Japan’s 2025 Q4 GDP revision higher, as winter bonuses grow and inflation eases wages
Written on March 6, 2026 at 11:51 pm, by
Japan’s 2025 Q4 GDP may be revised up; China inflation/trade due; earnings rise, PPI steady.
ECB policymaker Isabel Schnabel says it remains well placed, despite Iran war heightening inflationary pressures upward
Written on March 6, 2026 at 11:51 pm, by
ECB’s Schnabel warns Iran war raises inflation risks, urges vigilance on expectations, wages, and pricing.
The Kiwi trims earlier declines, holds above the 200-day SMA at 0.5874, nearing 0.5900 unchanged
Written on March 6, 2026 at 11:50 pm, by
NZD/USD stabilized near 0.5900 above 200-day SMA; bearish RSI persists, key support and resistance levels.
