Monthly Archives: March 2026
China’s central bank fixed USD/CNY at 6.8959, above 6.8917 prior, exceeding Reuters’ 6.8853 estimate
Written on March 12, 2026 at 7:07 am, by josephine
PBOC set Thursday’s USD/CNY fix at 6.8959, above prior; it manages stability, growth, rates, reforms.
Following fuel tank strikes in Bahrain’s Muharraq, Oman evacuated vessels from Mina Al Fahal oil terminal as precautionary measure
Written on March 12, 2026 at 7:06 am, by josephine
Oman ordered vessels to leave Mina Al Fahal after drone strikes; oil prices surged, WTI rose 7.35%.
Australian consumer inflation expectations rise to 5.2% in March, up from 5% previously
Written on March 12, 2026 at 6:04 am, by josephine
Australia’s consumer inflation expectations climbed to 5.2% in March, rising from 5.0% a month earlier.
Britain’s RICS house price balance fell to -12%, missing expectations of -9% in February
Written on March 12, 2026 at 6:03 am, by josephine
RICS UK housing price balance fell to -12% in February, below -9% forecast, signaling weaker prices overall.
Japan’s BSI large manufacturing conditions index rose to 3.8 QoQ, undershooting forecasts of 5.5 in Q1
Written on March 12, 2026 at 6:02 am, by josephine
Japan’s BSI large manufacturing conditions index rose to 3.8 in Q1, missing the 5.5 forecast.
Foreign investors cut Japanese stock purchases to ¥385.5B, down from ¥973.9B, according to March figures
Written on March 12, 2026 at 6:02 am, by josephine
Foreign investors cut Japanese share purchases to ¥385.5 billion, down ¥588.4 billion (60%) from prior week.
WTI trades near $92.65 in Asian hours, rising 6.5% as Hormuz attacks heighten supply fears
Written on March 12, 2026 at 5:03 am, by josephine
WTI nears $92.65 as Hormuz attacks stoke supply fears; IEA, US plan record oil reserve releases.
Trump’s administration plans releasing 172 million emergency oil barrels, coordinating globally to curb surging fuel prices amid Iran war
Written on March 12, 2026 at 5:03 am, by josephine
Trump administration to release 172 million reserve barrels, joining IEA plan to curb Iran-war fuel prices.
Trump claimed America crippled Iran’s navy and leadership, while IEA reserve releases would lower oil prices
Written on March 12, 2026 at 5:02 am, by josephine
Trump claimed US destroyed 58 Iranian ships, vowed to finish mission; IEA oil release lowered prices.
Reuters reports sea drones attacking Gulf oil tankers since US-Israel-Iran war began, raising shipping-lane dangers
Written on March 12, 2026 at 5:01 am, by josephine
Naval drone attacks in the Gulf disrupt shipping and ports, spiking oil prices amid U.S.-Israel-Iran fighting.