Monthly Archives: March 2026
As Iran risk fears ease, WTI crude drops over 3%, slipping from 100 towards 95 per barrel
Written on March 17, 2026 at 8:20 am, by
WTI crude slid over 3% Monday, retreating from panic-driven highs as SPR talk and demand fears grew.
Trump urged allies to assist the US in Strait of Hormuz talks, noting Iran’s limited options remaining
Written on March 17, 2026 at 7:51 am, by
Trump urges allies to aid US in Hormuz talks, claiming mine ships destroyed and Iran nearly out.
GBP/USD trades around 1.3310, erasing Friday losses as investors absorb US–Israel conflict escalation with Iran

Written on March 17, 2026 at 7:50 am, by
GBP/USD rebounded near 1.3310 on US-Iran tensions; focus shifts to Fed, BoE decisions; bearish overall.
Gold remains near $5,000 as US dollar and yields soften ahead of looming Fed decisions and central banks

Written on March 17, 2026 at 7:22 am, by
Gold held near $4,990 as easing dollar, Middle East conflict, and reduced Fed-cut bets supported prices.
US shares rise as oil prices fall; DJIA surpasses 47,000, with S&P 500 and Nasdaq advancing too

Written on March 17, 2026 at 7:21 am, by
US stocks jumped as oil prices slid, easing inflation fears; tech led gains ahead of Fed decision.
EUR/GBP holds firm; caution prevails as markets await ECB and BoE rate decisions amid inflation worries

Written on March 17, 2026 at 6:51 am, by
EUR/GBP slipped as traders awaited ECB and BoE decisions, with oil-driven inflation risks and key data.
AUD/USD trades near 0.7060, rebounding 1.16% as Australia tightening hopes and strong China data lift AUD
Written on March 17, 2026 at 6:51 am, by
AUD/USD climbed near 0.7060, ahead of expected RBA hike, as US dollar eased, China data supported.
LyondellBasell shares rebounded strongly from multi-year lows; investors now monitor a key technical level closely
Written on March 17, 2026 at 6:21 am, by
LYB rebounded 60% from low-$40s, testing $72 resistance; breakout targets $84, failure risks $57–$60 support.
MUFG says rising energy costs fuel UK inflation fears, prompting BoE hike bets and boosting Sterling versus Europe

Written on March 17, 2026 at 6:20 am, by
UK rate-cut bets fade as energy-driven inflation risks rise, boosting sterling and shifting BoE outlook toward hikes.
Nordea economists expect Riksbank to keep rates at 1.75% into 2026 amid war and energy uncertainty

Written on March 17, 2026 at 5:50 am, by
Nordea expects Riksbank to hold 1.75% March 19, steady through 2026; Middle East conflict raises inflation, hike risk.