March 12, 2026 10:04 am
Key Moments AUD has outperformed across G10 currencies despite volatility linked to the Iran conflict. Markets have repriced for a 66% chance of a back-to-back 25 bps RBA rate hike to 4.10% on March 17. AUD/USD climbed back above its pre-Operation Epic Fury level of 0.7118, reaching a Wednesday high of 0.7187. RBA Policy Divergence […]
Read moreMarch 12, 2026 8:41 am
Key Moments Ofgem has approved Tesla Energy Ventures as an electricity supplier in Britain after a licensing process that began in July. The new license enables Tesla to integrate its solar and battery storage products into the U.K. retail power market, competing with firms such as Octopus Energy, British Gas and EDF. British consumers face […]
Read moreMarch 12, 2026 7:56 am
Key Moments EUR/USD trades around 1.1540 in Asian hours on Thursday, marking a third consecutive session of losses. February US CPI rose 0.3% MoM and 2.4% YoY, with core CPI up 0.2% MoM and 2.5% YoY, supporting expectations for steady Fed policy in the near term. ECB officials highlight risks from persistent energy price shocks […]
Read moreMarch 12, 2026 7:17 am
Key Moments Crude and Brent benchmarks extended gains even after IEA members agreed to deploy 400 million barrels from emergency reserves. Market participants focused on reported attacks on commercial vessels near the Strait of Hormuz and the risk of further supply disruptions. Concerns about supply-side shocks have intensified fears of a stagflationary macro backdrop despite […]
Read moreMarch 11, 2026 2:13 pm
Key Moments TD Securities reports unencumbered copper inventories have declined year-to-date to cover only 9.1 days of consumption, down from 11.4 days at the beginning of the year. The firm sees a sharp contrast between growing visible warehouse stocks and falling unencumbered inventories, suggesting metal is being shifted from invisible to visible storage and effectively […]
Read moreMarch 11, 2026 2:03 pm
Key Moments Alphabet (NASDAQ: GOOGL) has pulled back more than 12% from its recent record high, while still up roughly 77% over the past year. The stock has repeatedly found support near the $300 level, reinforcing that area as a key technical zone watched by buyers. Analysts maintain a Moderate Buy consensus, with an average […]
Read moreMarch 11, 2026 1:43 pm
Key Moments Campbell’s cut its fiscal 2026 organic net sales and adjusted EPS forecasts, citing rising macroeconomic risks. Management warned that revised U.S. tariffs will further pressure costs in the second half of the year. Second-quarter results missed analyst expectations on both revenue and earnings, with shares down about 5% in premarket trading. Outlook Reduced […]
Read moreMarch 11, 2026 1:00 pm
Key Moments The International Energy Agency (IEA) will likely issue a recommendation on emergency oil reserve releases at 13:00 GMT. Meanwhile, Japan plans to release the equivalent of fifteen days of private-sector oil reserves and about one month of state-held reserves starting as early as March 16. As a result, WTI US oil trades 1.50% […]
Read moreMarch 11, 2026 12:39 pm
Key Moments Gold has been extending its recovery as the USD and oil prices move lower and risk sentiment shows tentative stabilization. Previous pressure on gold was linked to asset liquidation, slower official sector purchases, and uncertainty around the Fed’s next rate cut. OCBC strategists identify support at 5105-5060 and resistance at 5260-5315 as key […]
Read moreMarch 11, 2026 9:30 am
Key Moments The US dollar weakened at first after comments suggested “the war could be over soon.” It then rebounded as geopolitical tensions returned. Japanese inflation fell below the BoJ’s 2% target. This reduced expectations for near-term rate hikes and put pressure on the yen. USD/JPY is near key resistance levels. Buyers are defending trendlines […]
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