Live Updates

12

Mar 2026
ECB’s Schnabel urges vigilance on upside inflation, monitoring Europe’s enduring energy price shock for persistent pressures

ECB’s Schnabel urges vigilance on energy shock persistence and upside inflation risks, as March projections reflect Iran shock.

12

Mar 2026
Macron said France may add measures on oil prices, urging allies to clarify Iran war aims

Macron urged limiting export restrictions, defining Iran war aims, keeping Russia sanctions, coordinating Hormuz escorts, releasing reserves.

12

Mar 2026
Commerzbank’s Tatha Ghose says cooling Hungarian core inflation backs MNB dovishness, supporting rate cuts and forint

Hungary’s core inflation has returned to target, supporting dovish rate cuts, while global factors drive forint.

12

Mar 2026
Gold stays under $5,200 as the stronger US dollar and rising Treasury yields hinder upward momentum

Gold slipped near $5,180 as firmer dollar, higher yields capped gains; inflation steady, Mideast tensions support.

12

Mar 2026
ING’s Tukker and Schroeder state euro rates hinge on energy, leaving ECB 2026 hikes priced, outlook uncertain

Euro rates track energy prices; ECB hikes priced for 2026 may fade with cheaper energy, lowering yields.

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%.

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