Monthly Archives: March 2026
Societe Generale says gilt yields hit 5% amid tightening fears, but expects MPC unchanged until 2026 due energy-shock
Written on March 23, 2026 at 5:02 pm, by josephine
UK gilt yields hit 5% as sell-off reflects BoE tightening bets, amid energy shock and inflation.
Silver rebounds towards $68.20 in European trade after Trump halts planned strikes on Iran’s power plants
Written on March 23, 2026 at 4:04 pm, by josephine
Silver rebounds near $68.20 after Trump pauses Iran strikes; risk-on sentiment weakens dollar and oil prices.
In January, Mexico’s monthly retail sales climbed to 1%, improving from the prior -0.1% figure
Written on March 23, 2026 at 4:04 pm, by josephine
Mexico retail sales increased 1% month-on-month in January, rebounding from December’s 0.1% decline, official data showed.
In January, Mexico’s yearly retail sales rose 5%, surpassing forecasts of 3.1%
Written on March 23, 2026 at 4:03 pm, by josephine
Mexico’s retail sales rose 5% year-on-year in January, beating forecasts and signaling stronger consumer spending.
Reuters reports Fars sources say Iran has no direct or intermediary communications with the United States
Written on March 23, 2026 at 4:02 pm, by josephine
Fars says Iran has no US communication; Trump paused strikes after threats, amid talks; dollar index rebound.
BNY’s Bob Savage says ECB hawkishness after Iran-linked energy shocks lifted short-term rates, while inflation stayed anchored
Written on March 23, 2026 at 3:07 pm, by josephine
Iran-linked energy shock prompts ECB, BoE and Fed hawkish shift; rates rise, breakevens surge; PMIs, ifo awaited.
Amid easing Middle East tensions signalled by Trump, EUR/JPY recovers yet stays 0.30% lower near 183.65
Written on March 23, 2026 at 3:06 pm, by josephine
EUR/JPY rebounds near 183.65 as easing Middle East tensions weaken yen; ECB and Japan CPI awaited.
MUFG’s Lee Hardman says yen outperforms G10 peers, keeping USD/JPY below 160 amid BoJ hike risks
Written on March 23, 2026 at 3:06 pm, by josephine
USD/JPY hovered below 160 as intervention warnings and rising wage data fueled expectations of imminent BoJ hikes.
Amid Middle East tensions, Sterling slides 0.6% to 1.3260 as investors shun risk versus Dollar
Written on March 23, 2026 at 3:05 pm, by josephine
Pound Sterling slid to 1.3260 as Middle East tensions boosted dollar demand; UK PMI and inflation awaited.
OCBC strategists say rising yields, higher real rates and ETF outflows pressure gold, though outlook improves later
Written on March 23, 2026 at 3:04 pm, by josephine
Rising yields, real rates, and a stronger dollar pressure gold, though medium-term forecasts still favor recovery.