Monthly Archives: March 2026
MUFG’s Derek Halpenny says oil-backed Canadian Dollar resilience persists as Bank of Canada signals cautious rate hold amid inflation uncertainty
Written on March 18, 2026 at 9:58 pm, by davin
MUFG says Canadian dollar resilient on oil support; BoC likely holds; weak jobs; USD/CAD range-bound unless conflict/oil surge.
In January, South Africa’s yearly retail sales rose 4.2%, surpassing the 2.5% forecast estimate
Written on March 18, 2026 at 9:57 pm, by davin
South Africa’s retail sales increased 4.2% year-on-year in January, beating the 2.5% forecast and expectations significantly.
In February, Eurozone monthly HICP rose 0.6%, falling short of the expected 0.7% figure
Written on March 18, 2026 at 9:28 pm, by davin
Eurozone harmonised consumer prices rose 0.6% in February, below 0.7% forecast, signalling weaker inflation.
Eurozone core HICP annual inflation matched expectations at 2.4% during February, indicating stable underlying price pressures
Written on March 18, 2026 at 9:27 pm, by davin
Eurozone core HICP inflation held at 2.4% year-on-year in February, matching forecasts and signaling steady underlying prices.
February’s Eurozone annual HICP inflation matched expectations, coming in at 1.9%, according to reported figures
Written on March 18, 2026 at 8:58 pm, by davin
Eurozone harmonised consumer prices rose 1.9% year-on-year in February, matching forecasts and indicating steady annual inflation.
Standard Chartered analysts warn sustained oil shocks lift global inflation, often preceding recessions, as Brent nears $135/bbl
Written on March 18, 2026 at 8:57 pm, by davin
Oil price shocks drive inflation and often precede recessions; central banks now respond proactively, raising growth risks.
Danske says USD/CAD stays between 1.36–1.37, as risk aversion counterbalances Canada’s energy-exporter support
Written on March 18, 2026 at 8:28 pm, by davin
USD/CAD remains stuck between 1.36–1.37 as traders await BoC guidance; energy exports support resilient CAD.
WTI retreats to about $93.20 as eased supply fears persist, while traders await the EIA report
Written on March 18, 2026 at 8:27 pm, by davin
WTI slipped near $93.20 as Iraq resumed exports; traders awaited EIA data after API stock build.
Commerzbank’s Pfister says EUR/USD options now resemble pre-war patterns, resetting volatility and risk-reversal dynamics
Written on March 18, 2026 at 7:57 pm, by davin
Pfister says EUR/USD options have reverted to pre-“Liberation Day” patterns, as post-April shifts faded recently.
During European trade, EUR/USD stalls around 1.1550 as traders eye the Fed decision, supporting dollar strength
Written on March 18, 2026 at 7:57 pm, by davin
EUR/USD slipped toward 1.1550 as dollar steadied before Fed; markets await dot plot, ECB decision.
