ING economists Lynn Song and Min Joo Kang expect China’s February CPI inflation to pick up to 1.0% year-on-year, mainly due to Lunar New Year effects, while the impact of higher Oil prices should appear later. They also project solid growth in exports and imports over the first two months, resulting in a larger trade…
The volatility is being fueled by a dramatic spike in energy prices, with Brent crude hitting $90 a barrel following disruptions in the Strait of Hormuz. As shipping halts and analysts warn that oil could reach $150 a barrel if Gulf exports are fully suspended, airline stocks have plummeted nearly 13% this week. Qatar’s recent…
Oil surged toward multi-year highs as the U.S.-Iran conflict paralyzed the Strait of Hormuz, making the Canadian dollar the week’s standout winner and the euro its biggest loser. Source link
The major US stock indices are closing lower with the broader indices down over 1.3% and the Dow 30, down -0.95%. Looking at the closing levels: Dow industrial average -453.19 points or -0.95% at 47501.55 S&P index -90.69 points or -1.33% at 6740.02. NASDAQ index -361.31 points or -1.59% at 22387.68. Russell 2000 of small-cap…
Dollar slips after soft jobs report; posts best weekly gain since August Source link
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
Next Week’s Menu: March 7-13, 2026 March 6, 2026 Central Banks: Pakistan, Turkey, Peru and Serbia have scheduled monetary policy reviews during the week. Holiday and Events: The Islamic holy month-long observance of Ramadan continues. The United States and Canada go on daylight savings time this Sunday, which will slice the time differential between GMT…
EURUSD: The EURUSD moved lower early in the US session but did fins support buyers near a swing area between 1.15422 and 1.15549. The low price bottomed off the level and bounced to the 100 hour MA where the price is settling into the weekend. That MA will be the barometer for buyers and sellers…
Oil Metrics & Gold Risks Source link
The husband of former Labour MP Gloria De Piero has confirmed his home was searched on Wednesday as part of a police investigation into an alleged Chinese spying ring. James Robinson, a former aide to the ex-Labour deputy leader Tom Watson, issued a statement confirming the raid on the home he shares with his wife,…