Monthly Archives: March 2026
US EIA crude inventories increased by 6.926M barrels, exceeding forecasts of 0.5M in March 20
Written on March 25, 2026 at 8:51 pm, by
US EIA reported crude oil inventories rose 6.926M on March 20, far above the 0.5M forecast.
TD Securities’ Ryan McKay says oil tightens as Hormuz restrictions persist and Gulf cuts exceed 10m b/d
Written on March 25, 2026 at 8:51 pm, by
Hormuz oil flows plunge; Gulf output cuts deepen, storage draws accelerate, IEA releases limited; prices may surge.
Amid US–Israel-Iran tensions, GBP/JPY moves sideways, as traders await UK inflation data and BoJ minutes
Written on March 25, 2026 at 7:52 pm, by
GBP/JPY hovered near 213.00 as UK inflation, BOE rate expectations and BOJ minutes drove choppy trade.
Amid ongoing geopolitical uncertainty, USD/JPY rises near 159.00, as Dollar demand outpaces hawkish BoJ stance
Written on March 25, 2026 at 7:52 pm, by
USD/JPY near 159 as dollar demand rises, yen pressured by oil, geopolitics, Fed stance, intervention risk.
India’s M3 money supply growth slowed to 10.7%, down from 11.5% previously, in March
Written on March 25, 2026 at 3:52 pm, by
India’s M3 money supply growth slowed to 10.7% in March, down from 11.5% previously reported.
In March, US MBA mortgage applications rose slightly, improving from minus 10.9% to minus 10.5%
Written on March 25, 2026 at 3:51 pm, by
MBA mortgage applications improved slightly, rising to -10.5% from -10.9% on March 20, yet remain down overall.
EUR/USD trades near 1.1600, hovering by the 200-day EMA as markets await Iran’s response
Written on March 25, 2026 at 3:51 pm, by
EUR/USD hovered near 1.1600 as markets awaited Iran’s response; DXY steady above 99.00, RSI neutral.
Lagarde says ECB is monitoring Middle East energy shock, tracking wages and pricing expectations before acting
Written on March 25, 2026 at 3:50 pm, by
ECB monitors Middle East conflict’s inflation impact, watching energy shocks, wages and price expectations; no near-term rate hikes.
Nomura says UK inflation met BoE expectations as services stayed firm, while core pressures eased slightly
Written on March 25, 2026 at 1:52 pm, by
UK inflation held at 3.0%; services stayed high. Iran-driven energy rises may lift CPI, delaying BoE cuts.
Ceasefire optimism boosts risk appetite as the Rupee edges up, pulling USD/INR back near 94.30
Written on March 25, 2026 at 1:51 pm, by
USD/INR eases to 94.30 as oil softens on ceasefire hopes; RBI intervention suspected; volatility risks remain.