Australia flash PMI slips into contraction as services slump and cost pressures surge

Australia’s flash PMI shows a return to contraction, with services-led weakness and surging cost pressures highlighting a stagflationary backdrop. Summary: Flash Australia composite PMI falls to 47.0 (Feb: 52.4) → first contraction in 18 months Services activity drops sharply to 46.6 (Feb: 52.8) → first decline in over two years Manufacturing PMI eases to 50.1 (Feb: 51.0), while output…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.03.2026

2026.03.23 2026.03.23 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.03.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The last part of impulse 5 appears to be developing. Consider selling the asset with Take Profit at 60,950.12. XRPUSD: The…

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Oil plunges as Iran tensions ease. Crude oil futures settle at $88.13

Crude oil futures are settling sharply lower, down -$10.10 (-10.28%) to $88.13, after trading in a wide range between a high of $101.67 and a low of $84.37. The catalyst for the selloff came after President Trump’s Truth Social post, which signaled productive talks between the U.S. and Iran and a five-day postponement of planned strikes on Iranian energy…

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Rises as Trump signals Iran de-escalation, US Dollar sinks

GBP/USD rises as Trump signals Iran de-escalation, US Dollar sinks The Pound Sterling (GBP) appreciates sharply against the US Dollar (USD) on Monday after US President Donald Trump postponed further military action against Iran, adding that talks between the two countries were productive and could end hostilities in the Middle East. At the time of writing, GBP/USD trades at 1.3459, up…

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US Dollar Withstands Hawkish Pressure From Central Banks. Forecast as of 23.03.2026

2026.03.23 2026.03.23 US Dollar Withstands Hawkish Pressure From Central Banks. Forecast as of 23.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The massive hawkish move by Fed counterparts could have knocked the US dollar off the rails, but the US currency managed to weather the storm. Their rhetoric may ultimately prove to be little more than empty words, as further rate hikes carry significant…

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Chart Art: Silver (XAG/USD) Breaking Below Triangle Support!

Silver seems to be bracing for a major selloff, as the precious metal is starting to close below its descending triangle support. How low can it go? Check out these potential targets on the 4-hour time frame! Silver (XAG/USD) 4-hour Chart Faster With TradingView This precious metal has been stuck inside a holding pattern for quite some time, forming…

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USD/JPY falls as geopolitical easing dents US Dollar demand

USD/JPY falls by 0.40% on Monday and trades around 158.60 at the time of writing, after dropping from the 159.60 area to an intraday low near 158.25, as the US Dollar (USD) weakens following an unexpected geopolitical development. The move comes after US President Donald Trump announced a postponement of potential military strikes on Iranian energy infrastructure, citing “productive”…

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Oil Price Surges As Trump’s Ultimatums Keep Markets On Edge. Forecast as of 23.03.2026

2026.03.23 2026.03.23 Oil Price Surges As Trump’s Ultimatums Keep Markets On Edge. Forecast as of 23.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ No matter what the US says about the conflict in the Middle East, the reality is that a resolution remains highly unlikely in the near term. At the same time, there are no clear signs of increased supply that could result…

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