Monthly Archives: March 2026
Danske researchers note eurozone unemployment hit 6.1%, driven by Italy, Spain and France, bolstering ECB hawkishness
Written on March 5, 2026 at 1:36 pm, by
Euro zone unemployment hit record 6.1% in January; jobless fell 184k as PMI signaled moderate growth.
During European hours, EUR/CAD resumes declines near 1.5850, pressured by rising oil prices after flat trade
Written on March 5, 2026 at 1:36 pm, by
EUR/CAD slips toward 1.5850 as oil boosts Canadian Dollar; euro softens ahead of Eurozone retail sales.
Italian seasonally adjusted retail sales fell 0.8% month-on-month, missing the forecasted 0.2% rise in January
Written on March 5, 2026 at 12:37 pm, by
Italy’s January retail sales fell 0.8% versus a 0.2% forecast, signaling weaker consumer spending.
BNY strategist Geoff Yu says European gas futures repriced sharply beyond assumptions in recent ECB projections, challenging policy path
Written on March 5, 2026 at 12:36 pm, by
Gas futures surge may lift Eurozone inflation 100bp, increasing ECB rate-hike odds despite rising growth risks.
Austria’s quarter-on-quarter GDP slipped to 0% from 0.2%, indicating stagnation during the fourth quarter
Written on March 5, 2026 at 11:38 am, by
Austria’s GDP was flat in Q4 at 0% growth, following modest 0.2% expansion in the prior quarter.
During European trading, USD/CAD trades near 1.3645, holding the 20-day EMA as dollar rebounds, loonie firms
Written on March 5, 2026 at 11:37 am, by
USD/CAD flat near 1.3645 as stronger US Dollar offset steady CAD; oil prices supported loonie, data.
Amid ongoing Middle East war, traders seek safety, bolstering gold strength for a second consecutive session
Written on March 5, 2026 at 11:37 am, by
Gold rose for a second day as Middle East conflict and weaker dollar boosted demand, amid inflation fears.
Spain’s year-on-year, calendar-adjusted industrial output rose 0.3%, missing forecasts of 1.7% in January
Written on March 5, 2026 at 11:36 am, by
Spain’s calendar-adjusted industrial output rose 0.3% in January year-on-year, missing the 1.7% forecast expectation.
Danske Research Team says Middle East tensions keep oil watched, highlighting supply risks and strategic reserves
Written on March 5, 2026 at 10:40 am, by
Oil markets stabilised as Middle East tensions raised Iran-linked supply risks and Strait of Hormuz disruption fears.
During early European trading, the New Zealand dollar slipped near 0.5920 against the US dollar, amid Middle East tensions
Written on March 5, 2026 at 10:39 am, by
NZD/USD slips near 0.5920 as Middle East tensions, firmer dollar, and China outlook pressure kiwi.
