Monthly Archives: March 2026
February’s China trade balance in USD surpassed forecasts, reaching $213.62B versus the expected $179.6B
Written on March 10, 2026 at 7:03 am, by josephine
China’s February trade balance reached $213.62bn, exceeding forecasts of $179.6bn, signalling a bigger-than-expected surplus.
In February, China’s year-on-year imports rose 19.8%, vastly exceeding the 6.3% forecast
Written on March 10, 2026 at 7:03 am, by josephine
China’s February imports jumped 19.8% year-on-year, far exceeding expectations of 6.3%, signalling stronger-than-forecast demand.
China’s central bank fixed USD/CNY at 6.8982, down from 6.9158, versus Reuters estimate 6.8891
Written on March 10, 2026 at 6:04 am, by josephine
PBOC set Tuesday USD/CNY fix at 6.8982 versus 6.9158, highlighting tools, governance, reforms, and private banks.
In February, NAB reported Australia’s business conditions stayed steady, holding at an index reading of 7
Written on March 10, 2026 at 6:03 am, by josephine
NAB’s February business survey found conditions steady at 7, reporting confidence, trading, profitability and employment metrics.
Australia’s NAB business confidence slipped from 3 to minus 1, reflecting weaker sentiment in February
Written on March 10, 2026 at 6:03 am, by josephine
NAB reported Australian business confidence slipped to -1 in February, down from 3 previously.
Japan’s Satsuki Katayama said G7 energy ministers will meet virtually to consider releasing oil reserves
Written on March 10, 2026 at 6:02 am, by josephine
G7 energy ministers meet virtually Tuesday to discuss coordinated oil reserve release after Iran war supply disruption.
With Hormuz shut, WTI trades near $86.50 in Asia after prior’s surge and volatility
Written on March 10, 2026 at 5:03 am, by josephine
WTI traded near $86.40 after $120 spike; IEA reserves, Trump comments eased fears, Hormuz risks lingered.
Fourth-quarter Japan’s annual GDP deflator aligned with expectations, registering a year-on-year rise of 3.4%
Written on March 10, 2026 at 5:02 am, by josephine
Japan’s fourth-quarter GDP deflator rose 3.4% year on year, matching forecasts and signaling inflation pressures.
GBP/USD regained 1.3400, rising 0.3% after rebounding from 1.3280, narrowly missing 1.3450
Written on March 10, 2026 at 5:02 am, by josephine
GBP/USD rebounds above 1.3400 as BoE cut odds fade; US CPI, UK GDP and PCE awaited.
In March, Australia’s Westpac Consumer Confidence rose from -2.6% previously, reaching 1.2%
Written on March 10, 2026 at 5:01 am, by josephine
Westpac’s Australia consumer confidence index rose in March, reversing February’s 2.6% fall with a 1.2% gain.
