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Gold Falls as Dollar Firms on Oil-Driven Inflation Fears

March 12, 2026 8:49 am
Key Moments Spot gold declined 0.2% to $5,165.73 per ounce, with U.S. April futures also down 0.2% to $5,171.40 by 01:03 GMT. The U.S. dollar rose 0.2%, pressuring dollar-denominated commodities while oil prices jumped amid renewed supply disruptions. U.S. CPI increased 0.3% in February and 2.4% year-to-date through February, with markets awaiting January PCE data […] Read more

Canadian Dollar Gains as Oil Jumps on Tensions

March 12, 2026 7:05 am
Key Moments USD/CAD trades near 1.3580 in Asian hours as the Canadian Dollar firms on higher oil prices. WTI crude extends a three-session advance to around $91.60 as Iran-related tensions escalate. February US CPI prints broadly in line with expectations, reinforcing views of steady Fed policy in the near term. CAD Benefits from Oil Spike […] Read more

Uber Shares Climb on New Zoox Robotaxi Integration Plan

March 11, 2026 12:47 pm
Key Moments Uber Technologies Inc. (NYSE:UBER) traded 3.75% higher on Wednesday morning after unveiling a strategic robotaxi partnership with Amazon’s Zoox. The rollout is scheduled to begin in Las Vegas this summer, with Los Angeles integration targeted for mid-2027. The deal marks the first time Zoox has integrated its purpose-built autonomous vehicles with a third-party […] Read more

EUR/GBP Poised for Bounce as Oil Tests U.K. Rate Path

March 11, 2026 12:09 pm
Key Moments EUR/GBP has fallen about 1.5% since the onset of the Iranian conflict, trading with a softer tone. ING’s short-term valuation metrics now suggest the recent downside move in EUR/GBP appears stretched. A drop in oil prices below $90 may spur a more dovish reassessment of U.K. rates and support a move higher in […] Read more

GBP Gains vs ZAR as Attention Shifts to 22.00 Mark

March 11, 2026 11:33 am
Key Moments GBP/ZAR traded just below the 22.00 mark on Wednesday as the pair regained ground after a volatile start to the week. Moves in both Sterling and the Rand have been heavily influenced by shifts in oil prices and global risk sentiment linked to the Middle East conflict. Upcoming UK GDP and production data, […] Read more

Meta’s AI Investment Raises Questions on $1.6T Value

March 11, 2026 11:08 am
Key Moments Meta Platforms (NASDAQ: META) plans to lift annual spending to as much as $135 billion, largely for AI-related infrastructure, up from $72 billion previously. Fourth-quarter 2025 revenue reached $59.89bn, beating Wall Street estimates by more than $1 billion, while EPS came in at $8.88 versus a $8.23 forecast. Shares jumped nearly 10% in […] Read more

Qatar’s LNG Halt Rattles Global Gas Trade and Pricing

March 11, 2026 10:21 am
Key Moments QatarEnergy’s full shutdown of LNG production has led to five consecutive days without any Qatari LNG exports, the longest such pause since 2008. No LNG carriers have passed through the Strait of Hormuz since February 28, temporarily removing about 20% of global LNG exports from the market. Buyers have shifted to U.S. LNG […] Read more

Oracle Expects Strong AI Data Center Demand, Shares Up

March 11, 2026 9:53 am
Key Moments Oracle forecasts the ongoing AI data center surge will fuel revenue above Wall Street expectations through at least fiscal 2027, driving an 8.3% rise in its stock during extended trading. Remaining performance obligations climbed 325% year over year to $553 billion in the third quarter, surpassing the $540.37 billion forecast and topping the […] Read more

AUD/JPY Hits Record High on Diverging Policy Outlooks

March 11, 2026 7:38 am
Key Moments AUD/JPY trades around the mid-113.00s, up 0.90% on the day, marking a fourth straight session of gains. Market expectations for a possible Reserve Bank of Australia rate hike next week continue to drive demand for the Australian Dollar. Weakness in the Japanese Yen persists amid concerns that higher Oil prices could hurt Japan’s […] Read more

Amazon Eyes $42B Bond Deal to Accelerate AI Strategy

March 10, 2026 2:26 pm
Key Moments Amazon.com Inc. (NASDAQ:AMZN) is seeking between $37 billion and $42 billion in combined dollar and euro bond funding to support artificial intelligence initiatives. The company is marketing as many as 11 U.S. dollar high-grade bond tranches with maturities from 2 to 50 years, aiming to raise $25 billion to $30 billion. Amazon is […] Read more