Monthly Archives: March 2026
Deutsche Bank’s Mallika Sachdeva says Iran conflict may challenge petrodollar system, undermining dollar’s global reserve status
Written on March 24, 2026 at 9:52 pm, by
Deutsche Bank warns Iran conflict may accelerate petrodollar erosion, boosting yuan oil payments and weakening dollar dominance.
BoE Chief Economist Huw Pill said he will act if Middle East war drives inflation pressures higher
Written on March 24, 2026 at 9:51 pm, by
BoE’s Huw Pill says ready to act on Middle East-linked inflation; uncertainty shouldn’t delay policy response.
Scotiabank says USD/CAD tests mid-1.37 resistance, while the Canadian dollar stays steady, limiting further gains
Written on March 24, 2026 at 9:50 pm, by
USD/CAD stayed rangebound near mid-1.37s; oil-supported CAD undervalued, BoC risks watched; resistance mid-1.37, support 1.3690.
US private-sector output expanded moderately, as March’s composite PMI slipped to 51.4, from 51.9
Written on March 24, 2026 at 8:50 pm, by
US business activity grew moderately in March; mixed PMIs and Middle East war fueled inflation concerns, dollar rose.
DBS economist says Shin’s stability focus implies no near BoK tightening, making South Korean rate rises unlikely
Written on March 24, 2026 at 7:54 pm, by
Yoon nominates Shin as Bank of Korea governor; markets price hikes, but macro risks pressure won, KOSPI.
S&P Global reported US manufacturing PMI at 52.4, beating the 51 forecast during March, rising above expectations
Written on March 24, 2026 at 7:53 pm, by
S&P Global’s US Manufacturing PMI rose to 52.4 in March, beating forecasts and signaling manufacturing expansion.
In the United States, March’s S&P Global Services PMI missed forecasts, registering 51.1 versus the expected 51.7
Written on March 24, 2026 at 7:53 pm, by
US S&P Global Services PMI in March fell to 51.1, below 51.7 forecast, still signaling expansion.
In March, the US S&P Global Composite PMI fell to 51.4, down from 51.9
Written on March 24, 2026 at 7:52 pm, by
S&P Global US Composite PMI slipped to 51.4 in March from 51.9, still indicating expansion.
Kraft Heinz shares hover near $20 support; investors retreat, yet informed buyers accumulate, anticipating bonus returns
Written on March 24, 2026 at 7:51 pm, by
Kraft Heinz nears $20–$21 support at multi-year lows, offering 7.54% yield and potential technical bounce ahead.
TD Securities’ Daniel Ghali says gold’s bull run faces limits as shocks reduce official-sector demand globally
Written on March 24, 2026 at 7:51 pm, by
TD Securities warns gold’s bull run weakens as official buying fades, risking CTA selling and positioning washout.
