Monthly Archives: March 2026
In February, US pending home sales year-on-year slipped to -0.8% from -0.4% previously
Written on March 17, 2026 at 8:10 pm, by josephine
US pending home sales dropped 0.8% year-on-year in February, signalling weaker purchase pipelines than last year.
Deutsche Bank says Iran conflict links markets to oil, bolstering dollar; Asian currencies face greatest strain risk
Written on March 17, 2026 at 8:10 pm, by josephine
Iran war-linked energy shocks lift oil, weaken growth, boosting dollar; Asia FX vulnerable amid Hormuz disruption risks.
Societe Generale economists say Germany’s reformed debt brake and 2025–2026 budgets boost Euro area growth outlook
Written on March 17, 2026 at 8:09 pm, by josephine
Germany’s relaxed debt brake boosts spending, lifting growth through 2029, raising inflation risks, and limited euro-area spillovers.
Celanese shares face resistance near $61.24 as investors watch for a breakout or renewed bearish pressure
Written on March 17, 2026 at 8:08 pm, by josephine
Celanese shares rebounded to $61, but repeated rejections make $56 support key; breakout or breakdown next.
Central bank policy updates and inflation fears keep traders cautious, leaving gold rangebound with minimal direction
Written on March 17, 2026 at 8:07 pm, by josephine
Gold holds near $5,020 as softer dollar offsets rate-cut delays and Middle East tensions support prices.
Pre-market, Amazon climbs $2 from yesterday’s close, showing strength that may persist into the session
Written on March 17, 2026 at 8:07 pm, by josephine
Amazon gained about $2 premarket, eyeing gap-fill resistance at $218.94, then $222.58 for continuation.
Rabobank’s Jane Foley flags opposing risks for the yen amid G10 meetings and possible BoJ tightening shifts
Written on March 17, 2026 at 8:06 pm, by josephine
Rabobank’s Foley sees USD/JPY supported by geopolitics; BoJ tightening continues, but intervention fears and rate hikes limit declines.
Ahead of the Bank of England decision, GBP/USD hovers near 1.3315, close to three-month lows amid conflict worries
Written on March 17, 2026 at 8:05 pm, by josephine
GBP/USD steadied near 1.3315 as Middle East tensions boosted dollar demand; markets await BoE decision Thursday.
Prior to ECB and SNB decisions, traders cut CHF longs, lifting EUR/CHF despite weak Eurozone sentiment data
Written on March 17, 2026 at 8:04 pm, by josephine
EUR/CHF rebounds near 0.9069 as CHF longs trimmed; weak ZEW data and ECB/SNB decisions awaited Thursday.
As the Yen weakens before the BoJ, EUR/JPY rises, with Euro boosted by falling oil prices
Written on March 17, 2026 at 8:03 pm, by josephine
EUR/JPY rises near 183.25 as yen weakens pre-BoJ; euro supported by oil drop, ECB steady.