March 30, 2026 12:22 pm
Key Moments Eli Lilly and Insilico Medicine entered a collaboration valued at up to $2.75 billion (€2.39 billion) focused on AI-powered drug discovery. Insilico is set to receive a $115 million (€100 million) upfront payment, with additional milestone payments and tiered royalties possible. The agreement grants Eli Lilly an exclusive global license to develop, manufacture, […]
Read moreMarch 30, 2026 10:21 am
Key Moments LME aluminum prices rose about 6 per cent after major Gulf smelters EGA and Alba were hit by drone and missile strikes on March 28, 2026. Australian aluminum-linked stocks jumped, with Alcoa Corporation up over 9 per cent, South32 gaining more than 6 per cent, and Rio Tinto advancing nearly 3 per cent. […]
Read moreMarch 30, 2026 9:32 am
Key Moments The US dollar strengthened into the weekend as markets hedged geopolitical risks, though some of those positions have been unwound this morning. The RBI’s move to cap banks’ onshore USD open positions at $100 million initially lifted the rupee, but the currency quickly retreated back toward Friday’s record lows. USDINR remains in a […]
Read moreMarch 30, 2026 7:00 am
Key Moments Gold (XAU/USD) rises toward $4,540 as the US Dollar Index (DXY) pulls back slightly. However, high Oil prices and inflation fears limit further gains. Meanwhile, XAU/USD stays below its 100-day SMA, keeping a bearish bias in place. Gold Firms as Dollar Eases from Monthly High Gold (XAU/USD) moves higher toward $4,540 during the […]
Read moreMarch 27, 2026 3:29 pm
Key Moments Rising oil and gas prices are pushing Eurozone inflation above 3% in the near term. ING notes the ECB faces a policy dilemma between inflation risks and weak growth. Markets now expect a more cautious ECB, with rate cuts off the table for now. Oil Shock Complicates ECB Policy Path The European Central […]
Read moreMarch 27, 2026 3:14 pm
Key Moments Major tech stocks including Amazon and Meta declined, weighing on market sentiment. Losses spread across mega-cap names like Visa, Tesla, and IBM, signaling broad weakness. Growth stocks such as Datadog and Okta dropped sharply, reflecting risk aversion. Tech Giants Lead Market Cap Declines US equities came under pressure on Friday, with several large-cap […]
Read moreMarch 27, 2026 3:03 pm
Key Moments GBP/JPY hovered around 212.60 after rebounding from an intraday low near 212.23, following earlier losses in the European session. Japan’s Finance Minister Satsuki Katayama warned against “speculative FX moves” and emphasized a readiness to “take decisive steps on forex.” UK Retail Sales fell 0.4% month-over-month in February, while annual growth eased to 2.5%, […]
Read moreMarch 27, 2026 2:17 pm
Key Moments Gold remains under pressure as rising US yields and a strong Dollar cap upside momentum. Recent insider trading shows selective buying in beaten-down stocks and profit-taking in high performers. Geopolitical tensions and shifting rate expectations continue to drive both commodities and equities. Gold Struggles as Yields and Dollar Strength Weigh Gold prices continue […]
Read moreMarch 27, 2026 11:38 am
Key Moments Japanese officials intensified warnings on potential FX intervention as USD/JPY moved closer to 160.00. BBH highlights that FX intervention may only partially counter ongoing pressure from higher energy import costs and elevated global bond yields. The Bank of Japan lifted the lower bound of its natural rate of interest estimate, indicating slightly less […]
Read moreMarch 27, 2026 8:59 am
Key Moments Norges Bank kept its key policy rate unchanged at 4.00% in what Danske Research described as a hawkish hold. The bank’s rate path was lifted by 20-45bp, and Danske now expects two 25bp hikes in June and September, with rate cuts starting in 2027. EUR/NOK briefly dropped to 11.10 after the announcement before […]
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