Monthly Archives: March 2026
Amid Middle East tensions, gold rises towards $5,150 in Asia as safe-haven demand lifts prices
Written on March 10, 2026 at 4:02 am, by josephine
Gold edges to $5,140 as Middle East tensions persist; Hormuz closure boosts safe-haven demand, ahead of CPI.
South Korea’s fourth-quarter GDP contracted 0.2% quarter-on-quarter, outperforming forecasts that anticipated a 0.3% decline
Written on March 10, 2026 at 4:01 am, by josephine
South Korea’s GDP fell 0.2% in Q4, slightly better than forecasts predicting a 0.3% decline.
After Trump suggested Iran conflict may end, US shares rebounded from early losses to finish higher
Written on March 10, 2026 at 3:08 am, by josephine
US stocks rebounded after Trump’s “very complete” Iran war comments; Nasdaq rose 1.38%, oil dropped sharply.
Gold Pulls Back as the “War Premium” Deflates
Written on March 10, 2026 at 3:06 am, by josephine
Gold near $5,130 as Trump hints war may end soon. XAUUSD 5160.52 (+0.45%). CPI Wed, PCE Fri in focus. | VT Markets
Trump told NBC he would not discuss seizing Iranian oil, saying it was too early, expecting war’s end soon
Written on March 10, 2026 at 3:05 am, by josephine
Trump won’t discuss seizing Iranian oil, doubts Congress action, says war nearly over; warns China tensions possible.
Silver rises above $86 amid a retreating US dollar, rebounding from $79.65 to $86.35
Written on March 10, 2026 at 3:05 am, by josephine
Silver jumps 2% as dollar retreats; XAG/USD rebounds to $86.35, facing $90 resistance, $85.51 support.
Oil’s retreat caps the loonie’s advance, leaving USD/CAD recovering losses despite the greenback’s weakness
Written on March 10, 2026 at 2:01 am, by josephine
USD/CAD rebounded as oil prices fell, weakening CAD, with attention on upcoming Canada jobs and US inflation.
Gold trades near $5,090, down over 1.5%, as Hormuz disruptions lift oil prices, boosting dollar strength
Written on March 10, 2026 at 2:00 am, by josephine
Gold steadied near $5,090 as Hormuz shutdown lifted oil, boosted dollar, and pressured bullion amid conflict.
MUFG’s Michael Wan says oil inflation and Hormuz closure uncertainty cloud Bangko Sentral ng Pilipinas rate plans
Written on March 10, 2026 at 1:03 am, by josephine
MUFG warns prolonged high oil and Hormuz disruption could delay BSP cuts, keeping inflation above target.
WTI crude oil jumped around 5% as Middle Eastern tensions persisted, masking a volatile trading session
Written on March 10, 2026 at 1:01 am, by josephine
WTI surged above $113 as Hormuz shutdown choked supply; prices eased near $93 amid inflation concerns.