Monthly Archives: March 2026
Amid US-Iran conflict, USD strengthens, lifting USD/CAD while CAD weakens and oil prices surge sharply
Written on March 2, 2026 at 10:38 pm, by
USD/CAD climbs to 1.3680 amid US-Iran conflict risk-off, oil surge; Canadian PMI improves, US data awaited.
February saw US manufacturing growth ease, as ISM PMI slipped to 52.4, above 51.8 forecasts
Written on March 2, 2026 at 10:38 pm, by
US manufacturing expanded slower in February; PMI 52.4. Employment contracted, prices surged. Dollar held firm; USD Index rose.
OCBC strategists say UK political risks depress Sterling sentiment, though macroeconomic conditions still offer underlying support
Written on March 2, 2026 at 10:37 pm, by
UK political turmoil pressures sterling; volatility elevated as fiscal risks, easing inflation, and potential BoE cuts shape outlook.
Risk-off sentiment from Middle East conflict drives US Dollar demand, pushing GBP/USD down towards 1.3400
Written on March 2, 2026 at 10:36 pm, by
GBP/USD dips near 1.3400 as Middle East tensions boost dollar demand; UK politics and BoE odds shift.
In February, US ISM manufacturing prices paid exceeded forecasts, rising from 59.5 expected to 70.5 actual
Written on March 2, 2026 at 9:38 pm, by
ISM Manufacturing Prices Paid surged to 70.5 in February, beating 59.5 forecast, signaling intensifying input cost pressures.
US ISM manufacturing employment index reached 48.8 in February, improving from the prior 48.1
Written on March 2, 2026 at 9:36 pm, by
U.S. ISM Manufacturing Employment Index rose to 48.8 in February, up from January’s 48.1 reading.
ECB policymaker Martin Kocher urged readiness for swift interest-rate moves either up or down, during a WSJ interview
Written on March 2, 2026 at 8:38 pm, by
ECB’s Kocher says rates may shift quickly; uncertainty and possible oil disruptions could alter inflation outlook.
Commerzbank’s Dr Vincent Stamer says rising oil-led inflation will cut eurozone GDP growth by over 0.1 points
Written on March 2, 2026 at 8:37 pm, by
Commerzbank warns higher oil prices boost inflation, may cut eurozone GDP growth, with uncertain rebound next year.
In February, US S&P Global Manufacturing PMI reached 51.6, beating the expected 51.2 at release
Written on March 2, 2026 at 8:37 pm, by
U.S. S&P Global Manufacturing PMI rose to 51.6 in February, beating forecasts of 51.2, signaling expansion.
In February, Canada’s S&P Global Manufacturing PMI rose to 51, up from 50.4 previously
Written on March 2, 2026 at 7:38 pm, by
Canada’s S&P Global Manufacturing PMI rose to 51.0 in February from 50.4, signaling expansion in activity.
