Crude oil futures stretch toward $90 a barrel

The price of crude oil has continued its sharp move to the upside. The current price is trading at $88.74. For the trading day versus the settle price from yesterday at $81.01: Price change: $88.74 − $81.01 = +$7.73 Percent gain: (7.73 ÷ 81.01) × 100 = +9.54% The high price extended to $89.62 just short of the $90…

Read more

Kansas City Fed Pres. Schmid: Businesses are pausing on hiring

Kansas City Fed Pres. Jeffrey Schmid is speaking and says: Businesses are pausing on hiring. Labor market is under a structural not cyclical strain Jeffrey Schmid leans to the hawkish side on the Federal Reserve. In his most recent public appearance on March 3, 2026, he signaled his continued opposition to further interest-rate cuts, stating that there is “no…

Read more

Limited growth hit from conflict – UOB

UOB Global Economics & Markets Research, through Associate Economist Jester Koh, judges that Singapore’s GDP exposure to the Middle East conflict is modest under a short-lived shock scenario. Exports to key regional economies are about 2% of total exports, and UOB keeps its 2026 GDP growth forecast at 3.6%, while flagging potential secondary demand effects via weaker global consumption…

Read more

ECB Schnabel: ECB is still in a good place, but war increases upside inflation risks

ECB’s Isabel Schnabel is is speaking and says: Temporary inflation overshoot is of little relevance if expectations remain anchored. ECB is still in a good place Iran war creates upside inflation risks. Central bank must monitor persistence of energy price shock Post-pandemic lessons suggest ECB must tread carefully. With inflation projected to be at our target over the medium-term,…

Read more

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.03.2026

2026.03.06 2026.03.06 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.03.2026 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 the 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 62,400.00. XRPUSD:…

Read more