Monthly Archives: March 2026
During Asian trading, NZD/USD rises to around 0.5805, bolstered by strong Chinese February economic reports
Written on March 16, 2026 at 1:21 pm, by davin
NZD/USD edged up to 0.5805 as strong China data offset limited Kiwi gains amid Middle East tensions.
China’s NBS reported retail sales up 2.8% and industrial output 6.3%, beating forecasts markedly
Written on March 16, 2026 at 1:20 pm, by davin
China’s retail sales and industrial output beat forecasts, while investment improved; AUD/USD rose modestly.
China’s year-to-date fixed asset investment grew 1.8% year-on-year, beating February forecasts of -0.4%
Written on March 16, 2026 at 12:51 pm, by davin
China’s fixed asset investment rose 1.8% year-to-date in February, beating the forecasted 0.4% decline.
China’s year-on-year retail sales reached 2.8%, exceeding the 2.5% forecast in February
Written on March 16, 2026 at 12:50 pm, by davin
China’s February retail sales rose 2.8% year-on-year, beating the 2.5% forecast, signaling stronger consumer spending.
China’s year-on-year industrial output rose 6.3% in February, surpassing forecasts of 5.1%
Written on March 16, 2026 at 12:20 pm, by davin
China’s February industrial production grew 6.3% year-on-year, beating the 5.1% market forecast expectation.
China’s House Price Index slipped to -3.2%, compared with the prior month’s -3.1% decline
Written on March 16, 2026 at 11:51 am, by davin
China’s house price index fell 3.2% in February, slightly worse than January’s 3.1% annual decline.
During Asian trading, the US Dollar Index holds above 100, easing from a 10-month peak near 100.54
Written on March 16, 2026 at 11:50 am, by davin
DXY slipped from 10-month peak as Iran conflict fears eased; oil fell; markets await Fed guidance Wednesday.
WTI crude fell from near $100 and a one-week high as Hormuz reopening talks advanced
Written on March 16, 2026 at 11:21 am, by davin
WTI retreats below $96 as Hormuz reopening eases supply fears; resistance $98.90, supports $94.62/$90.33 noted.
China’s central bank sets USD/CNY midpoint at 6.9057, above prior 6.9007, near Reuters 6.9061 estimate
Written on March 16, 2026 at 11:20 am, by davin
PBoC set USD/CNY fix at 6.9057, highlighting exchange-rate stability goals and key monetary policy tools.
Britain is considering deploying minesweeping drones to reopen the Strait of Hormuz and restore oil exports flow
Written on March 16, 2026 at 10:51 am, by davin
UK to deploy minesweeping drones in Strait of Hormuz, avoiding warships to reduce tensions, support oil exports.
