Monthly Archives: March 2026
In January, Mexico’s yearly retail sales rose 5%, surpassing forecasts of 3.1%
Written on March 23, 2026 at 11:31 pm, by davin
Mexico’s retail sales rose 5% year-on-year in January, beating forecasts and signaling stronger consumer spending.
Reuters reports Fars sources say Iran has no direct or intermediary communications with the United States
Written on March 23, 2026 at 11:30 pm, by davin
Fars says Iran has no US communication; Trump paused strikes after threats, amid talks; dollar index rebound.
BNY’s Bob Savage says ECB hawkishness after Iran-linked energy shocks lifted short-term rates, while inflation stayed anchored
Written on March 23, 2026 at 11:01 pm, by davin
Iran-linked energy shock prompts ECB, BoE and Fed hawkish shift; rates rise, breakevens surge; PMIs, ifo awaited.
Amid easing Middle East tensions signalled by Trump, EUR/JPY recovers yet stays 0.30% lower near 183.65
Written on March 23, 2026 at 11:00 pm, by davin
EUR/JPY rebounds near 183.65 as easing Middle East tensions weaken yen; ECB and Japan CPI awaited.
MUFG’s Lee Hardman says yen outperforms G10 peers, keeping USD/JPY below 160 amid BoJ hike risks
Written on March 23, 2026 at 10:32 pm, by davin
USD/JPY hovered below 160 as intervention warnings and rising wage data fueled expectations of imminent BoJ hikes.
Amid Middle East tensions, Sterling slides 0.6% to 1.3260 as investors shun risk versus Dollar
Written on March 23, 2026 at 10:31 pm, by davin
Pound Sterling slid to 1.3260 as Middle East tensions boosted dollar demand; UK PMI and inflation awaited.
OCBC strategists say rising yields, higher real rates and ETF outflows pressure gold, though outlook improves later
Written on March 23, 2026 at 10:01 pm, by davin
Rising yields, real rates, and a stronger dollar pressure gold, though medium-term forecasts still favor recovery.
Middle East tensions push USD/INR to record levels, while the rupee slides during a shortened trading week
Written on March 23, 2026 at 10:00 pm, by davin
USD/INR hit record 94.40 as oil surged on Hormuz fears; Indian stocks sank, dollar strengthened. PMI awaited.
In January, Greece’s yearly current account deficit narrowed to €-1.286B from €-3.862B previously
Written on March 23, 2026 at 9:31 pm, by davin
Greece’s January current account deficit narrowed year-on-year to €1.286B from €3.862B, reducing shortfall by €2.576B.
During European trading, gold rebounds from the 200-day SMA, easing losses as bears reconsider oversold signals
Written on March 23, 2026 at 9:30 pm, by davin
Gold rebounded from 200-day SMA, but hawkish central banks, rising yields and Iran tensions capped gains.
