News/Event
The yield on the US 10-year Treasury note edged down by nearly 2 basis points to below 4.21% on Tuesday, as traders braced for the Federal Reserve’s two-day policy meeting amid an escalation in the conflict with Iran.Oil prices moved higher again as tensions intensified, with Iran stepping up attac…
BofA Securities economist Carlos Capistran sticks to a prediction that the Bank of Canada is on hold for the remainder of 2026 but acknowledges there is the risk "for a hike or hikes" in the coming months, due to the energy-price shock. Capistran tells WSJ that he expects BOC Gov. Tiff Macklem to h…
Recent geopolitical tensions have triggered sharp moves across global markets, with oil prices rising, the dollar strengthening, and equities facing pressure. In contrast, Bitcoin has shown relative resilience, prompting fresh debate over its role during periods of macro uncertainty. At the time of…
The Bank of Canada is likely to flag the risks of sharply higher inflation in its rate-policy announcement Wednesday as a result of the energy-price shock, says Carl Gomez, chief economist at Centurion Asset Management. However, he tells WSJ the BOC will also signal its focus is on core prices and…
By Colleen GokoDeveloping countries are pursuing industrial policy more aggressively than rich nations but many rely too heavily on blunt tools like tariffs and subsidies that are unlikely to work, the World Bank warned in a report on Tuesday.Governments have long backed industrial policy, using st…
US private employers added an average of 9,000 jobs per week in the four weeks ending February 28, 2026, a notable decline from the revised 14,750 jobs per week in the prior period, according to the ADP Research Institute.The slowdown marks a setback in hiring momentum after several weeks of improv…
Gold trimmed its modest early gains on Tuesday, hovering near the flat line around $5,010 per ounce, as traders weighed ongoing geopolitical risks against caution ahead of a series of key monetary policy decisions due this week.The precious metal continues to draw support from sustained safe-haven…
Italy’s 10-year BTP yield dipped below 3.7% but hovered close to last week’s 11-month peak of 3.81%, as investors remained cautious ahead of a batch of central bank decisions, while rising oil prices, driven by the escalating US-Israeli conflict with Iran, continue to heighten inflation worries.Mar…
By Joy WiltermuthMuch of the new home supply has been built away from cities. Add in higher gas prices due to the Middle East conflict and things look even more challenging.New residential housing under construction in September in Fontana, Calif. Mortgage rates jumped from a multiyear low of 6% in…
The S&P/ASX 200 rose 0.3% to 8,611 on Tuesday, snapping a three-session losing streak as market sentiment improved on hopes that more oil tankers could soon pass through the Strait of Hormuz.Tehran has reportedly allowed a limited number of ships from certain countries, including Pakistan, India, a…
Singapore’s non-oil domestic exports (NODX) rose 4.0% yoy in February 2026, easing from a marginally revised 9.2% gain in the prior month and falling short of market expectations of 4.9%.This marked the sixth straight month of expansion, but the slowest in the streak, partly reflecting distortions…
Investors may need to tighten their seatbelts as the second quarter approaches. Morgan Stanley’s chief US equity strategist, Mike Wilson, says a near-term retreat in US stocks is likely before the market finds its footing again.While the longer-term outlook remains constructive, the coming weeks ma…
By Paul VieiraOTTAWA--The Bank of Canada is expected to keep its policy interest rate unchanged on Wednesday, choosing to take its time to judge the economic fallout from sharply higher energy prices.Economists said the war in the Middle East and the accompanying jump at the gas pump threatens to l…
A surge in heating oil prices could add 0.1 percentage points to U.K. inflation, says Thomas Pugh at RSM UK in a note. Prices have more than doubled since the Iran war started. This is because heating oil is made of kerosene. Europe imports more than 40% of its kerosene products, largely from the M…
Italian EU-harmonised consumer prices (HICP) rose 0.5% month-on-month in February and were also up 1.5% from the year earlier, official statistics agency ISTAT said on Tuesday, revising down preliminary data.The preliminary estimate had pointed to +0.6% month-on-month and +1.6% year-on-year.Februar…
By Promit MukherjeeCanadian home sales fell 1.3% in February from January and prices declined in continuation of a trend that started early this year, data from the Canadian Real Estate Association showed on Wednesday, although it added there were some signs of a pick-up in activity around the end…
The Central Bank of Armenia held its benchmark interest rate steady at 6.5% during its March 2026 meeting, and also maintained the deposit and lending rates at 5% and 8%, respectively.The decision signals a cautious monetary policy stance amid rising inflationary pressures and solid economic moment…
The dollar index steadied just below 100 on Tuesday after coming under pressure in the previous session as investors continued to assess the impact of the Middle East conflict and volatile oil prices on the economy and inflation.The greenback retreated on Monday as lower oil prices helped ease infl…
By Megan LeonhardtThe 2026 tax-filing season is the first to reflect tax changes in the One Big Beautiful Bill Act (OBBBA), which are expected to result in significantly higher refunds than in prior years. So far, refunds are up an average of 11.5% this year, according to Internal Revenue Service f…
U.S. stock index futures slipped on Tuesday as the Middle East conflict pinned oil prices near $100 a barrel, fueling inflation concerns that will be a major point of discussion when the Federal Reserve kicks off its two-day meeting later in the day.Wall Street was also cooling from a tech-driven r…
Italy’s annual inflation rate accelerated to 1.5% in February 2026 from 1.0% in January, slightly below the preliminary estimate of 1.6%.This marked the highest reading since late September, as services inflation picked up to 3.6% from 2.5% in January, led by faster price growth in transport-relate…
If the Reserve Bank of Australia raises interest rates again it will do so into the teeth of a lowest consumer-confidence numbers recorded since 2020. Consumer confidence fell 4.9 points last week, to 68.5 points, according to ANZ and pollster Roy Morgan. Weekly inflation expectations lifted 0.6 pe…
The yield on the US 10-year Treasury note rose to around 4.24% on Tuesday after a sharp decline in the previous session, as investors continued to gauge the impact of the Middle East conflict and volatile oil prices on the economy and inflation.Treasury yields had pulled back on Monday as lower oil…
European equity markets were set for a lower open on Tuesday as oil prices rebounded amid persistent concerns over supply disruptions in the Middle East. Iran has intensified attacks on energy infrastructure in the region, while most countries have so far resisted US President Donald Trump’s call f…
The Australian dollar weakened to $0.70 on Tuesday, trimming gains from the previous session, despite the Reserve Bank of Australia delivering its first back-to-back interest rate hikes since mid-2023.The central bank raised the cash rate to 4.1%, marking a second consecutive month of hike and reve…
Australia’s 10-year government bond dipped to around 4.94%, but remained near its highest level since July 2011, after the Reserve Bank of Australia delivered back-to-back interest rate hikes.The board raised the cash rate to 4.1% from 3.85%, marking its first consecutive increase since mid-2023 an…
Global markets opened on Tuesday, navigating a mix of monetary tightening, geopolitical tensions, and rapid advances in the AI space.Australia’s central bank pushed interest rates higher as inflation risks persist, while oil prices surged amid uncertainty around the US-Iran war.In technology, Samsu…
Staff WriterGold prices have retreated below the $5,000 per ounce threshold as the conflict in the Middle East enters its third week, with investors weighing the impact of high oil prices on global inflation and the subsequent pressure on monetary policy.The yellow metal declined after recording it…
Indonesian stocks rose 70 points, or 0.9%, to 7,086 in Tuesday’s morning session, snapping a four-day losing streak as bargain hunters stepped in after local markets hit an eight-month low in the prior session.Sentiment was lifted by Wall Street’s extended strength overnight as oil prices eased bac…
By Howard SchneiderThe worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still driving policy debates, influencing national politics, and frustrating Federal Reserve officials trying to restore the pace of price increases to their 2% ta…
By Alexander OsipovichThe Reserve Bank of Australia hiked interest rates on Tuesday to combat inflation, kicking off a big week for central-bank meetings on a hawkish note as the Middle East conflict pushes up oil prices.Later this week, the Federal Reserve is expected to hold rates steady, though…
France’s 10-year OAT yield dipped below 3.6%, though it remained close to Friday’s 14-year peak of 3.67% as investors adopted a cautious stance ahead of slew of central bank decisions.Persistently rising oil prices, fueled by the escalating US-Israeli conflict with Iran, continue to amplify inflati…
Futures tracking US equities were higher muted on Tuesday, loosely holding the rebound from the previous session as markets continued to assess risks from higher energy prices and its impact on the economy.Contracts for the three main averages were close to the flatline.Benchmark prices for crude o…
Germany’s 10-year Bund yield declined for a second consecutive session, settling at 2.92%, just below Friday’s near two-year high of 2.99%.Investors paused ahead of a critical week of central bank decisions, even as rising oil prices stoked inflation concerns.The escalation of the US-Israeli confli…
Cuba’s fragile economy is facing renewed strain as US pressure intensifies, raising concerns about how far the situation could escalate.President Donald Trump said on Monday he expected to have the “honour of taking Cuba”, adding that he could do anything he wants with the island.The remarks come a…
The Hang Seng added 34 points, or 0.1%, to close at 25,868 on Tuesday, marking the second straight session of advances due to strength in property and financials.Market participants pared positions in energy-related counters, redirecting focus toward fundamentals.Solid activity data from China cont…
Gold hovered around $5,010 per ounce on Tuesday, near its lowest level in almost a month, as expectations for near-term US interest rate cuts faded amid rising inflation concerns linked to the Middle East conflict.The US-Israeli war with Iran is now in its third week, with President Trump warning t…
The ZEW Indicator of Economic Sentiment for the Euro Area fell sharply by 47.9 points from the previous month to -8.5 in March 2026, the lowest in 11 months and significantly below market expectations of 24.Sentiment was heavily weighed down by the escalating conflict in the Middle East, which cont…
Croatia’s inflation rate rose to 3.8% year-on-year in February 2026 from 3.4% in the previous month, marking its highest level since November 2025, in line with preliminary estimates.Prices increased in food and non-alcoholic beverages (2.9% vs 2.1% in January), housing and utilities (10.2% vs 10.1…
The offshore yuan strengthened to around 6.884 per USD, extending its recovery from last week’s losses, as the economy signaled resilience despite the deepening Iran war, while markets weighed Trump’s request to delay a planned summit with China.He asked Xi Jinping to postpone their meeting by abou…
Albania’s trade deficit narrowed slightly to ALL 37.1 billion in February 2026 from ALL 37.4 billion in the same month a year earlier.Exports grew by 2.8% year-on-year to ALL 30.9 billion, driven by higher shipments of minerals, fuels, electricity (+31.1%) and machinery equipment, spare parts (6.4…
The Australian dollar held firm around $0.70 on Tuesday after posting strong gains in the previous session, as investors awaited the monetary policy decision from the Reserve Bank of Australia.The central bank is widely expected to raise the cash rate by 25 bps to 4.1%, following its February incre…
Silver rose above $81 per ounce on Tuesday, gaining support this week as the dollar and Treasury yields eased on lower oil prices, which helped temper inflation concerns.Oil retreated at the start of the week following the safe passage of several tankers through the Strait of Hormuz.US Treasury Sec…
The euro held steady at $1.15, attempting to recover from a recent decline that saw it hit its lowest level since last July.Investors remained focused on escalating Middle East tensions, disappointing German confidence data, and a packed week of central bank decisions.US President Donald Trump sugg…
Silver fell to around $80 per ounce on Tuesday, hovering near a one-month low, as markets continued to assess the inflationary risks from the Middle East conflict and potential impacts on monetary policy.The US–Israel–Iran tensions have entered their third week, with Iran stepping up attacks on ene…
By Joseph AdinolfiEd Yardeni points out that analysts have continued to raise their profitability forecasts, which might be helping U.S. stocks shake off worst of the blowback from Iran conflictU.S. stocks have been surprisingly resilient since the beginning of the Iran conflict.U.S. stocks have be…
South Korea’s export prices rose 10.7% from a year earlier in February 2026, following a downwardly revised 7.8% increase in January and marking the sharpest rise since June 2024.The increase was largely driven by a 10.7% rise in manufactured goods prices, following a 7.8% increase the previous mon…
Romania’s current account recorded a deficit of EUR 977 million in January 2026, down from EUR 1,032 million in the same month a year earlier.This marked the smallest monthly trade gap since January 2023, supported by a strong rise in the secondary income surplus, which jumped to EUR 188 million fr…
Switzerland’s producer and import prices dropped by 2.7% year-on-year in February 2026, slipping further from a 2.2% fall in the previous month.This marked the sharpest decline in producer prices since November 2020, driven by ongoing deflation in producer prices (-2.3% vs -1.5% in January), while…
Copper flipped into the red on Tuesday as Iran launched fresh attacks on U.S. allies in the Gulf region in the third week of the war, pushing up oil prices and fanning fears over growth and inflation.The most-active copper contract COMEX:HG1! on the Shanghai Futures Exchange declined 0.27% to close…
Some of the world’s leading central banks are set to meet this week against the backdrop of rising geopolitical tensions and a renewed surge in energy prices, with policymakers facing a familiar dilemma: whether to prioritise growth or respond to the risk of resurgent inflation.The Federal Reserve…
By Philip BlenkinsopEU lawmakers look set to vote this week on legislation to enact parts of the EU‑U.S. trade deal after twice suspending their work because they did not believe the United States was sticking to its side of the agreement.The European Parliament has been debating proposals to remov…
US stock futures are facing some pressure on Tuesday as the S&P 500 futures slipped 0.3% in early trading.The futures tied to other Wall Street indices were also trading in red with Nasdaq 100 futures declining over 0.4% while Dow Jones futures shedding over 120 points.The move comes as stock marke…
0907 GMT - A surge in heating oil prices could add 0.1 percentage points to U.K. inflation, says Thomas Pugh at RSM UK in a note. Prices have more than doubled since the Iran war started. This is because heating oil is made of kerosene. Europe imports more than 40% of its kerosene products, largely…
Oil prices surged past $100 last week as flows through the Strait of Hormuz slowed. Tankers hesitated, insurers raised premiums, and traders began adjusting portfolios. The US asked its allies to secure the passage — a straightforward request in any previous crisis. This time, the response was almo…
The British pound steadied above $1.33, seeking to recover from a recent steep decline that pushed sterling to a three-month low.Market attention remains fixed on escalating Middle East tensions and their potential influence on the Bank of England’s policy stance, as the central bank prepares for i…
Annual food inflation in New Zealand rose to 4.5% in February of 2026 from 4.2% in the previous month, reflecting the second consecutive monthly acceleration in prices.Costs fell 0.4% in broader grocery groups, with a 7.5% surge for meat, poultry, and fish, while those for fruit and vegetables soar…
The Reserve Bank of Australia raised its cash rate by 25bps to 4.1% at its March 2026 meeting, following a hike in February, in line with market expectations.In a split decision, the move was driven by a broad set of data pointing to renewed inflationary pressures in H2 of 2025.While some of the pi…
Germany’s ZEW Indicator of Economic Sentiment plummeted by 58.8 points to -0.5 in March 2026, down from 58.3 in February and far below market expectations of 39, as sentiment was severely impacted by the escalating conflict in the Middle East. This marks the third largest monthly decline in the ind…
Societe Generale economists assess how the reformed German debt brake and approved 2025–2026 budgets will lift German fiscal spending and affect the Euro area.
Rabobank’s Senior FX Strategist Jane Foley discusses Japanese Yen (JPY) dynamics around upcoming G10 central bank meetings and potential Bank of Japan policy shifts. Foley notes Governor Ueda’s hawkish tone, ongoing BoJ tightening expectations despite higher energy costs.
The Swiss Franc (CHF) weakens against the Euro (EUR), with EUR/CHF edging higher after reversing intraday losses, despite soft Eurozone Economic Sentiment data.
Ripple (XRP) is easing from its daily high of $1.61, trading above $1.50 at the time of writing on Tuesday. The remittance token had maintained modest gains for four consecutive days, reflecting a broad increase in crypto prices led by Bitcoin (BTC), which touched $76,000 earlier in the day.
BNP Paribas argues emerging economies face a renewed stagflationary energy shock, but are not generally more vulnerable than in 2022. The bank highlights limited exchange rate depreciation, existing price-mitigation schemes, and stronger reserves.
Private-sector hiring in the US appears to have lost a bit of momentum toward the end of February. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of just 9K jobs per week in the four weeks through February 28.
EUR/JPY trades around 183.25 on Tuesday at the time of writing, up 0.14% on the day, extending its gains for a second consecutive session.
Rabobank Strategist Molly Schwartz and Christian Lawrence note that Canadian GDP contracted 0.6% quarter‑over‑quarter in Q4 2025 but still rose 0.7% year‑over‑year, with weakness driven by inventory drawdowns.
United States Redbook Index (YoY): 6.4% (March 13) vs 6.2%
BNY’s Head of Markets Macro Strategy Bob Savage highlights U.S. diesel prices breaking above $5 per gallon for the first time since 2022, warning of pass‑through to transport and broader inflation and potential political risks into the U.S. midterms.
Commerzbank's FX & Commodity Analyst Volkmar Baur reports that Chinese Aluminium production has risen nearly 3% year-on-year and is running above the government’s annualized cap, supported by higher Aluminium prices and redirected Alumina flows as the Strait of Hormuz remains blocked.
United States ADP Employment Change 4-week average fell from previous 15.5K to 9K in February 21
Gold (XAU/USD) trades in a tight range on Tuesday as traders remain cautious and avoid large directional bets ahead of a heavy week of monetary policy announcements from major central banks. At the time of writing, XAU/USD trades virtually unchanged around $5,008, hovering near one-month lows.
The cryptocurrency market has remained relatively robust despite the ongoing war in the Middle East, which has driven Oil prices near $100.
Commerzbank’s Commodity Analyst Carsten Fritsch notes that Gold has fallen about 5% since the Iran war began, struggling to act as a safe haven as a stronger Dollar and repriced Fed expectations weigh.
Silver price (XAG/USD) trades cautiously around $80.50 during the European trading session on Tuesday. The white metal wobbles in a tight range as investors shift focus to the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
BNY’s Head of Markets Macro Strategy Bob Savage highlights that the Canadian Dollar (CAD) has been among the best-performing G10 currencies over the past two weeks, helped by steady inflows during the Iran conflict.
AUD/USD trades around 0.7090 on Tuesday at the time of writing, up 0.25% on the day, rebounding after an initial pullback following the Reserve Bank of Australia (RBA) monetary policy decision.
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the Dollar is trading defensively even as Brent holds above $100 and European gas prices stay elevated.
ING’s Francesco Pesole notes the Reserve Bank of Australia (RBA) delivered a split 25 bp hike to 4.10%, initially read as dovish and triggering a sell-the-fact move in AUD/USD before a rebound on Governor Bullock’s comments.
The Japanese Yen (JPY) claws back its early losses against the US Dollar (USD) during the European trading session on Tuesday.
Bitcoin (BTC) is falling slightly, trading near $74,300 on Tuesday and revisiting the upper boundary of a previously broken sideways channel.
The EUR/USD pair holds onto Monday’s gains slightly above 1.1500 during the European trading session on Tuesday. The major currency pair trades firmly as the US Dollar (USD) has come under pressure ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
German ZEW Survey - Economic Sentiment arrives at -0.5 in March. Economists expected the sentiment data to come in lower at 38.7 from 58.3 in February.
Eurozone ZEW Survey – Economic Sentiment below expectations (24) in March: Actual (-8.5)
TD Securities analysts note that US rates rallied as markets stabilised, with attention on Fed policy expectations and geopolitical headlines. While hike odds have risen, they pushes back, arguing the hawkish outcome is more likely a prolonged pause.
Germany ZEW Survey – Economic Sentiment below forecasts (38.7) in March: Actual (-0.5)
Germany ZEW Survey – Current Situation came in at -62.9, above forecasts (-67.1) in March
MUFG’s Senior Currency Analyst Lee Hardman notes that the RBA delivered a second consecutive 25 bps hike to 4.10%, now the highest policy rate among G10 central banks, and that Australian Dollar gains versus the US Dollar were initially strong but faded.
Commerzbank’s Tatha Ghose notes that updated Polish CPI data confirm disinflation, with core inflation at 2.5% year-on-year, in line with the central bank of Poland, Narodowy Bank Polski (NBP) target.
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $80.62 per troy ounce, down 0.40% from the $80.94 it cost on Monday.
ING’s Frantisek Taborsky highlights that Central and Eastern European FX and rates have seen some relief despite elevated energy prices. Regional central banks currently treat the Gulf-related energy spike as a supply shock and prefer to wait, with no case for hikes.
Standard Chartered strategist Nicholas Chia notes that the Reserve Bank of Australia raised the cash rate to 4.10% in a 5-4 split decision, largely debating timing rather than direction.
Dow Jones futures decline 0.27% to trade near 46,850 during European hours ahead of the US regular market open on Tuesday. S&P 500 and Nasdaq 100 futures fall 0.50% and 0.58% to trade near 6,670 and 24,530 at the time of writing.
Italy Consumer Price Index (YoY) below expectations (1.6%) in February: Actual (1.5%)
Italy Consumer Price Index (MoM) registered at 0.7%, below expectations (0.8%) in February
Italy Consumer Price Index (EU Norm) (YoY) registered at 1.5%, below expectations (1.6%) in February
Italy Consumer Price Index (EU Norm) (MoM) came in at 0.5%, below expectations (0.6%) in February
Societe Generale strategists Michael Haigh, Ben Hoff and Jeremy Sellem, highlights rapidly falling Oil flows through the Strait of Hormuz and accelerating shut‑ins.
ING’s Francesco Pesole argues that even under a severe and prolonged Gulf conflict, European gas prices are unlikely to revisit 2022 extremes, supporting a constructive medium-term view on EUR/USD.
West Texas Intermediate (WTI) Oil price recovers its recent losses registered in the previous session, trading around $96.10 per barrel during the European hours on Tuesday.
MUFG’s Senior Currency Analyst Lee Hardman highlights that USD/JPY is stalling just below 160.00 as Japan’s Finance Minister Katayama escalates verbal intervention, stressing readiness to respond at any time.
Israel Defense Forces (IDF) warn retaliation against Iran for attacking the United States (US) embassy in Iraq, in which four people were killed, The Guardian reported.
Commerzbank’s Antje Praefcke expects the Riksbank to keep its policy rate at 1.75% this week and signal no near-term changes, with a first hike only possible late in the year.
USD/CHF remains flat after paring daily gains, trading around 0.7880 during the European hours on Tuesday.
Deutsche Bank analysts note that Brent Oil has stabilised after recent conflict-driven spikes, with prices briefly falling back towards $100 as hopes grew for resumed flows through the Strait of Hormuz.
TD Securities strategists Prashant Newnaha and Alex Loo note the RBA lifted the cash rate by 25 bps to 4.10% in a narrow 5-4 decision, driven mainly by elevated domestic inflation and excess demand.
Here is what you need to know on Tuesday, March 17:
Pi Network (PI) edges lower by nearly 7% at press time on Tuesday, testing grounds below its crucial 50-day Exponential Moving Average (EMA) at $0.1900.
Litecoin (LTC) is falling slightly on Tuesday, revisiting a key support level at $57, after a bullish breakout from its consolidation pattern. Even as the technical breakout points to further gains ahead, mixed on-chain and derivatives data indicate traders remain cautious. .
Indonesia Bank Indonesia Rate in line with expectations (4.75%)
Switzerland Producer and Import Prices (YoY): -2.7% (February) vs previous -2.2%
Switzerland Producer and Import Prices (MoM) came in at -0.3% below forecasts (0%) in February
According to UOB’s Senior Technical Strategist Quek Ser Leang, GBP/USD’s sharp rebound from 1.3226 to 1.3340 looks like short-covering rather than a trend change. The pair is expected to range between 1.3250 and 1.3350 intraday.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some dip-buyers following the previous day's pullback from its highest level since May 2025.
Commerzbank’s Antje Praefcke notes that the Dollar has benefited from safe-haven demand as the war in the Middle East weighs on sentiment, pushing EUR/USD below 1.15.
Danske Bank’s Danske Research Team underlines that conflict in the Middle East has intensified, with Iran targeting Oil and gas infrastructure in the UAE and elsewhere.
The NZD/USD pair attracts some sellers to around 0.5820 during the early European trading hours on Tuesday. The US Dollar (USD) edges higher against the Kiwi as traders weigh developments in the Iran war.
MUFG's Senior Currency Analyst Michael Wan notes that Bank Indonesia benefits from Indonesia’s net commodity exporter status, but faces weak starting macro conditions and fiscal constraints as oil rises. Higher energy prices threaten subsidy costs and the 3% of GDP deficit cap.
Rabobank’s Senior Global Strategist Michael Every argues escalating conflict involving Iran, Israel and regional actors is increasingly threatening Oil supply rather than just flows, with upstream fields now targeted.
Commerzbank’s Volkmar Baur highlights that the Reserve Bank of Australia delivered a second rate hike this year, but AUD/USD remains below 0.71 and choppy.
The GBP/JPY pair edges up to near 212.00 during the early European trading session on Tuesday.
The EUR/GBP cross holds steady near 0.8635 during the early European session on Tuesday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) and the Bank of England (BoE) interest rate decisions later on Thursday. Also, the UK employment report will be released.
Artificial Intelligence (AI) cryptocurrencies, such as Artificial Superintelligence Alliance (FET), Virtuals Protocol (VIRTUAL), and Bittensor (TAO), are taking a breather on Tuesday, after respective rallies last week.
Binance has pushed back against recent media reports alleging that the exchange facilitated fund flows linked to sanctioned Iranian entities, issuing a detailed compliance statement to address what it described as inaccurate claims.
The AUD/USD pair claws back a majority of its early losses, which arrived after the Reserve Bank of Australia’s (RBA) interest rate decision, and rebounds to near 0.7085, following Governor Michele Bullock’s press conference.
Ripple (XRP) and Stellar (XLM) are emerging as key cryptocurrencies to watch on Tuesday, as both altcoins extend gains following a bullish breakout on the previous day. XRP trades above the key resistance zone while XLM pushes higher after breaking out of a descending trendline.
The EUR/USD pair trades in negative territory around 1.1490 during the early European session on Tuesday.
The Indian Rupee (INR) trades lower against the US Dollar (USD) in the opening trade on Tuesday. The USD/INR pair rebounds to near 92.90 after a correction on Monday as the Indian Rupee resumes its downside journey amid the continuous outflow of foreign funds from the Indian stock market.
The USD/JPY pair attracts some dip-buying during the Asian session on Tuesday and stalls its modest pullback from the 159.75 area, or the highest level since July 2024, retested the previous day.
EUR/JPY extends its gains for the second successive session, trading around 183.10 during the Asian hours on Tuesday. The currency cross appreciates as the Japanese Yen (JPY) struggles amid the BoJ's widely expected to keep interest rates unchanged at 0.75% on Thursday.
Japan Tertiary Industry Index (MoM) came in at 1.7%, above forecasts (0.8%) in January
West Texas Intermediate (WTI) Crude Oil prices regain some positive traction during the Asian session on Tuesday and recover a part of the previous day's retracement slide from the vicinity of the $100.00 psychological mark.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold (XAU/USD) edges higher during the Asian session on Tuesday, though it lacks follow-through and remains close to an over three-week low, touched the previous day.
The AUD/NZD cross trims a part of its intraday gains to the 1.2120 area, or the highest level since May 2013, following the key Reserve Bank of Australia (RBA) rate decision, though it lacks follow-through selling.
Hyperliquid (HYPE) price holds above $40 as of writing on Tuesday after rallying nearly 10% the previous day. Strengthening on-chain and derivatives data support a bullish sentiment, while the technical outlook suggests further gains toward the key level at $50.
The AUD/USD pair attracts some sellers to near 0.7060 during Asian trading hours on Tuesday. The Australian Dollar (AUD) edges lower against the US Dollar (USD) after the Reserve Bank of Australia (RBA) interest rate decision.
AUD/JPY pares its daily gains, trading around 112.50 during the Asian hours on Tuesday. The currency cross loses ground as the Australian Dollar (AUD) struggles following the release of the Reserve Bank of Australia (RBA) policy decision.
The US Dollar (USD) holds its Monday’s corrective move, which was driven by a significant retracement in the oil price that eased de-anchored consumer inflation concerns.
Ethereum treasury firm BitMine Immersion Technologies expanded its holdings last week, acquiring 60,999 ETH in one of its largest weekly purchases in recent weeks.
GBP/USD inches lower after registering nearly 0.75 gains in the previous session, trading around 1.3310 during the Asian hours on Tuesday.
The USD/CAD pair posts modest losses around 1.3685 during the Asian trading hours on Tuesday. The ongoing conflict in the Middle East provides some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8961 compared to the previous day's fix of 6.9057 and 6.8874 Reuters estimate.
The EUR/USD pair struggles to capitalize on the previous day's goodish recovery move from the 1.1415-1.1410 area, or from the vicinity of the lowest level since July 2025, and edges lower during the Asian session on Tuesday.
AUD/USD edges lower after posting more than 1.25% gains in the previous session, trading near 0.7060 during Asian hours on Tuesday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $94.20 during the early Asian trading hours on Tuesday. The WTI price rises as the Iran war shows no signs of ending soon.
Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday that underlying inflation gradually accelerating toward our 2% target. Ueda added that central bank will guide monetary policy appropriately to stably and durably achieve the inflation target.
The Reserve Bank of Australia (RBA) is set to deliver another 25 basis points (bps) interest rate hike following its March monetary policy meeting on Tuesday, lifting the Official Cash Rate (OCR) to 4.10% from 3.85%.
The Israeli military said on Tuesday that it has detected missiles launched from Iran heading towards Israeli territory. It urged people in affected areas to head to shelters immediately.
By Vivien Lou ChenTraditional havens like gold and Treasurys have not done as well since U.S. and Israeli launched strikes against Iran on Feb. 28The military conflict in the Middle East, which began with U.S. and Israeli strikes against Iran on Feb. 28, has led to a strengthening dollar.One of the…
US President Donald Trump said that the US has asked to delay his planned meeting with Chinese President Xi Jinping in Beijing by “a month or so” due to the ongoing war with Iran, CNBC reported on Monday.
TD Securities’ Alex Loo notes China’s economy started 2026 strongly, with upside surprises in Industrial Production, Exports and a rebound in Fixed-Asset Investment driven by quasi-fiscal policy.
Gold price (XAU/USD) trades with mild losses near $5,000 during the early Asian session on Tuesday. The precious metal extends the decline as hopes fade for the US Federal Reserve (Fed) to lower interest rates this year. All eyes will be on the Fed interest rate decision later on Wednesday.
GBP/USD gained almost 0.75% on Monday, bouncing from Friday's low close to 1.3220 to settle on the high side of 1.3300.
XAU/USD spun in a flat circle on Monday, settling close to 5,000 in a relatively contained session following last week's sharp decline from the highs.
UOB’s Global Economics & Markets Research, led by Julia Goh and Loke Siew Ting, highlights Malaysia’s record MYR426.7bn of approved investments in 2025, with a tilt toward higher-quality digital, E&E, chemicals and next‑generation mobility projects.
By Ashitha Shivaprasad Gold prices eased on Monday, as concerns that inflation stemming from the Middle East conflict could keep interest rates higher for longer outweighed support from a softer dollar and safe-haven demand.Spot gold TVC:GOLD fell 0.5% to $4,993.42 per ounce, by 1:31 p.m. ET (17…
South Korea Export Price Growth (YoY) rose from previous 7.8% to 10.7% in February
South Korea Import Price Growth (YoY) climbed from previous -1.2% to 1.2% in February
Commerzbank’s Senior Economist Dr. Henry Hao highlights a resilient start to 2026 for China, driven by strong industrial production, exports and infrastructure investment, despite ongoing property sector weakness.
By Alexander Chituc and Kate AbnettSweden has threatened to restrict electricity exports to neighbouring countries if disagreements with the European Commission over the use of national funds for EU energy projects are not resolved, Deputy Prime Minister Ebba Busch said on Monday.The move could rip…
By Ashitha Shivaprasad Gold prices eased on Monday, as concerns that inflation stemming from the Middle East conflict could keep interest rates higher for longer outweighed support from a softer dollar and safe-haven demand.Spot gold TVC:GOLD fell 0.5% at $4,994.89 per ounce, by 11:26 a.m. ET (1…
Poland had budget deficit of 48.5 billion zlotys ($13.06 billion) at the end of February, PAP news agency reported on Monday citing Finance Ministry data.The budget deficit at the end of January was 3.7 billion zlotys.($1 = 3.7145 zlotys)
Strategy disclosed that it acquired 22,337 Bitcoin (BTC) for approximately $1.57 billion last week, according to a Form 8-K filing with the US Securities and Exchange Commission (SEC) on Monday.
The US Dollar (USD) reversed its four-day positive streak on Monday after markets assessed the United States (US) strike on Kharg Island, a strategic Iranian Oil outpost in the Persian Gulf, and warned that if Tehran continues to disrupt naval activity in the Strait of Hormuz, the US could target Oi
After rising 2.3% in January, Canada’s Consumer Price Index (CPI) increased 1.8% year over year in February, pointing to easing price pressures.The slowdown in annual inflation largely reflects base-year effects.According to Statistics Canada, the main factor behind the lower headline CPI was price…
The Swiss Franc (CHF) gains traction against the US Dollar (USD) on Monday as the Greenback edges lower, allowing USD/CHF to pause a four-day winning streak. At the time of writing, USD/CHF trades around 0.7869, easing slightly after touching its highest level since January 23 on Friday.