Monthly Archives: March 2026
ING economists Brzeski and Biehl warn Eurozone households’ purchasing power is being eroded as oil prices rise, hitting fuel spending
Written on March 12, 2026 at 7:02 pm, by josephine
Rising oil prices squeeze eurozone purchasing power; driving normalises, fuel spending rises unevenly, worsening confidence broadly.
Amid Hormuz tensions, the US Energy Secretary expects SPR swap releases to ease short-term oil disruptions
Written on March 12, 2026 at 6:03 pm, by josephine
Energy Secretary Wright said SPR oil releases would use swaps to ease short disruptions amid Hormuz tensions.
USD/JPY stays near annual highs around 158.90, steady as geopolitical tensions and Fed policy concerns loom
Written on March 12, 2026 at 6:01 pm, by josephine
USD/JPY stuck near 158.90 as Middle East tensions, oil prices, and central bank meetings drive sentiment.
US building permits fell to -5.4% from 4.3%, showing a sharp turnaround from earlier growth
Written on March 12, 2026 at 4:04 pm, by josephine
US building permits fell 5.4% in January, reversing December’s 4.3% rise, signaling a month-on-month decline.
January’s US building permits missed forecasts, reaching 1.376M month-on-month versus the expected 1.41M
Written on March 12, 2026 at 4:03 pm, by josephine
January US building permits missed forecasts, totaling 1.376 million versus expectations of 1.41 million, signaling weaker demand.
UOB strategists expect USD/JPY testing 159.45–160.00, fuelled by rising US yields, though overbought limits further gains
Written on March 12, 2026 at 12:03 pm, by josephine
USD/JPY nears 159.00 on higher US yields; overbought signals cap gains, resistance 159.45, support 158.55.
Standard Chartered’s Nicholas Chia expects RBA rates at 4.10%, then 4.35% after a Q2 increase
Written on March 12, 2026 at 11:03 am, by josephine
Standard Chartered expects RBA to hike to 4.10% in March, terminal 4.35%; oil-driven inflation expectations.
Safe-haven demand amid Gulf tensions pushes EUR/JPY near 183.50, though overall bullish sentiment remains intact
Written on March 12, 2026 at 10:09 am, by josephine
EUR/JPY dips to 183.55 as Iran tensions boost yen; ECB hawkish comments lift euro rate-hike expectations.
Early European trade sees USD/CHF near 0.7820, lifted by inflation fears and expected Fed hawkishness
Written on March 12, 2026 at 10:08 am, by josephine
USD/CHF climbs to 0.7820 as oil-driven inflation fears bolster dollar; Middle East tensions support Swiss franc demand.
FXStreet data shows gold prices in Saudi Arabia declined, with the metal trading lower today overall
Written on March 12, 2026 at 10:07 am, by josephine
Gold prices in Saudi Arabia fell Thursday, with gram at SAR 620.68 and tola at SAR 7,239.49.
