The Indian Rupee (INR) opens almost flat against the US Dollar (USD) on Wednesday. The USD/INR pair wobbles around 92.80 as investors shift to the sidelines ahead of the Federal Reserve’s (Fed) monetary policy announcement at 23:30 IST (18:00 GMT). During the press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades…
Canada’s latest headline Consumer Price Index (CPI) dropped to 1.8% in February, landing a couple of notches below the Bank of Canada’s 2% target for the first time in years. Mission accomplished, right? Not quite. Behind that tidy number is a cocktail of tax distortions, stale data, and a geopolitical shock already rewriting the inflation outlook in real time….
At a glance: Iran launches retaliatory strikes after Larijani killing Oil slips despite tensions, no fresh escalation signals Iraq and the Kurdistan Regional Government agreed to resume Ceyhan oil exports Mixed US inventory data: crude build, gasoline draw Japan exports slow; US auto shipments and China demand weaken Japan–US to announce ¥11tn+ investment package FX subdued ahead of Fed;…
USD/CAD remains flat after posting little gains in the previous session, hovering around 1.3690 during the Asian hours on Wednesday. The pair holds steady as traders remain cautious ahead of policy decisions from both the Federal Reserve (Fed) and the Bank of Canada (BoC) later in the day. Traders are particularly focused on guidance from Fed Chair Jerome Powell…
2026.03.17 2026.03.18 Weekly Economic Calendar for 23.03.2026–29.03.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Following a turbulent and eventful week, the upcoming one, which is the final full trading week of March, will give market participants a chance to catch their breath and assess how the month has unfolded so far. In the coming week of March 23–29, 2026, market participants will focus on…
A sharp reversal in crude oil prices drove a broad risk-on shift on Monday, with equities rallying, Treasury yields declining, and the US dollar sliding to its worst daily performance among the major currencies, as diplomatic efforts to ease the Strait of Hormuz shipping crisis offered markets a partial reprieve from the geopolitical anxiety that had dominated last week….
Japan swings to trade surplus as exports beat expectations despite weak China demand. Summary: Japan February exports +4.2% y/y (exp. +1.6%, prior +16.8%) Imports +10.2% y/y (exp. +11.5%, prior -2.5%) Trade balance +¥57.3bn (exp. -¥483.2bn, prior -¥1.15tn) Exports to China -10.9% y/y, US -8% y/y Exports to EU +14% y/y, Asia +2.8% y/y Data shows mixed external demand with…
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Markets staged an unusual double advance on Tuesday as equities and crude oil climbed in tandem for the first time since the US-Iran conflict began, suggesting traders may be attempting to look past near-term energy disruptions while positioning cautiously ahead of the Federal Reserve’s rate decision on Wednesday. The dollar extended its retreat for a second consecutive session, Treasury…
more to come Oil markets are holding firm above the $100 mark, but underlying conditions suggest a far tighter global supply picture than benchmark stability implies. According to JPMorgan, the apparent resilience in Brent and WTI prices should not be mistaken for evidence of ample supply. Instead, it reflects a temporary buffer created by regional inventory overhangs, benchmark composition…
