Monthly Archives: March 2026
BoE Chief Economist Huw Pill said he will act if Middle East war drives inflation pressures higher
Written on March 24, 2026 at 11:01 pm, by josephine
BoE’s Huw Pill says ready to act on Middle East-linked inflation; uncertainty shouldn’t delay policy response.
Scotiabank says USD/CAD tests mid-1.37 resistance, while the Canadian dollar stays steady, limiting further gains
Written on March 24, 2026 at 9:06 pm, by josephine
USD/CAD stayed rangebound near mid-1.37s; oil-supported CAD undervalued, BoC risks watched; resistance mid-1.37, support 1.3690.
AUD/USD drops to about 0.6950 as risk aversion and Middle East tensions boost the US Dollar
Written on March 24, 2026 at 9:05 pm, by josephine
AUD/USD neared 0.6950 as Middle East tensions boosted US Dollar demand, while weak Australian PMI pressured.
In March, the US Richmond Fed manufacturing index hit 0, beating forecasts of minus five
Written on March 24, 2026 at 9:05 pm, by josephine
Richmond Fed manufacturing index held at 0 in March, beating forecasts of -5, signaling unchanged regional conditions.
US private-sector output expanded moderately, as March’s composite PMI slipped to 51.4, from 51.9
Written on March 24, 2026 at 9:04 pm, by josephine
US business activity grew moderately in March; mixed PMIs and Middle East war fueled inflation concerns, dollar rose.
After weaker UK PMI figures, Sterling softens, nudging GBP/JPY down near 212.50 after earlier gains
Written on March 24, 2026 at 9:04 pm, by josephine
GBP/JPY edged lower near 212.50 as weak UK PMIs weighed, despite softer Japanese inflation support.
DBS economist says Shin’s stability focus implies no near BoK tightening, making South Korean rate rises unlikely
Written on March 24, 2026 at 9:03 pm, by josephine
Yoon nominates Shin as Bank of Korea governor; markets price hikes, but macro risks pressure won, KOSPI.
S&P Global reported US manufacturing PMI at 52.4, beating the 51 forecast during March, rising above expectations
Written on March 24, 2026 at 9:02 pm, by josephine
S&P Global’s US Manufacturing PMI rose to 52.4 in March, beating forecasts and signaling manufacturing expansion.
In the United States, March’s S&P Global Services PMI missed forecasts, registering 51.1 versus the expected 51.7
Written on March 24, 2026 at 9:01 pm, by josephine
US S&P Global Services PMI in March fell to 51.1, below 51.7 forecast, still signaling expansion.
In March, the US S&P Global Composite PMI fell to 51.4, down from 51.9
Written on March 24, 2026 at 9:01 pm, by josephine
S&P Global US Composite PMI slipped to 51.4 in March from 51.9, still indicating expansion.
