Live Updates

12

Mar 2026
EUR/GBP stays pressured as traders back the Pound, rethinking ECB and BoE policy amid oil concerns

EUR/GBP slid to 0.8628 as oil-price fears shifted BoE cut expectations, slightly outweighing ECB tightening bets.

12

Mar 2026
RBC Economics says oil still supports Canada’s economy, boosting profits yet reducing households’ purchasing power

Canada’s smaller oil sector still boosts exports; higher oil prices raise costs but GDP impact remains neutral.

12

Mar 2026
Improving risk mood lifted AUD as RBA sounded hawkish; markets price March hike odds, OCBC expects May

Australian Dollar climbed on improved risk appetite, hawkish RBA signals, rising rate-hike odds and higher energy prices.

12

Mar 2026
IEA reports 32 members’ unanimous plan to release 400 million reserve oil barrels to markets, historic scale

IEA members agreed to release 400 million barrels from emergency reserves, largest coordinated strategic oil release ever.

12

Mar 2026
TD Securities report February US CPI met forecasts, while core and supercore inflation cooled versus January tariff spike

February CPI matched forecasts; core and supercore cooled. TD sees higher energy lifting March inflation near 3%.

12

Mar 2026
US EIA reports crude oil inventories rose 3.824 million, exceeding forecasts of 1.1 million in early March

US EIA data on March 6 showed crude oil stocks rose 3.824M, exceeding the 1.1M forecast.

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