G7 leaders will hold emergency talks later Wednesday on energy coordination as Middle East tensions push oil prices higher. Summary: French President Emmanuel Macron will host a video call of G7 leaders on Wednesday to discuss energy market impacts from Middle East tensions. The meeting is scheduled for 1400 GMT, according to the Elysee. Leaders will consider coordinated measures…
United States API Weekly Crude Oil Stock registered at -1.7M, below expectations (1.4M) in March 6
2026.03.10 2026.03.10 US Dollar Soars As Middle East Conflict Send Oil Price Surging. Forecast as of 10.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Markets have long wondered how quickly the conflict in the Middle East will end. The choice of Iran’s new supreme leader suggested one thing, while Donald Trump’s words suggested another. As a result, the EUR/USD pair faced a rollercoaster ride….
Every Magnificent Seven stock is down in 2026. Microsoft has dropped 17%, Amazon is off 14%, and even NVIDIA has slipped 4.6%. Meanwhile, energy stocks are up 23% and materials have gained 18%. Money is flowing out of big tech. But next week could change the story. From March 16-19, NVIDIA hosts its GPU Technology Conference (GTC) in San…
WTI crude fell below Friday’s low and through $80 after US Energy Secretary Chris Wright indicated that the US Navy had escorted a tanker through the Strait of Hormuz. He’s now removed that post and oil is bouncing. This was the post: The now-deleted post This isn’t a good look for the Secretary and White House communications. This war…
Nomura’s Global Markets Research Team highlights that Swedish inflation has undershot consensus for four months, but renewed energy price pressures from the Iran conflict could offset this. The Riksbank is expected to keep rates unchanged through 2026, focusing on second-round effects and fragile growth, with any discussion of cuts dependent on a swift conflict resolution and clearer data. Energy…
2026.03.10 2026.03.10 Short-Term Analysis for Oil, Gold, and EURUSD for 10.03.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The gold price failed to break through…
GBP/CAD’s upswing is losing steam at a key inflection point. Will this lead to the pair extending its weeks-long downtrend? Here’s what we’re seeing on the 4-hour time frame: GBP/CAD 4-hour Forex: Chart Faster with TradingView Easing crude oil prices prompted traders to take profits on recent Canadian dollar gains, lifting GBP/CAD more than 200 pips from the 1.8025…
Prior was 3.91m (worst reading since 2024) Home sales change +1.7% vs -8.4% prior Days on the market vs 46 prior Inventory at months 3.8 vs 3.7 months prior Median prices vs $396,800 prior Existing home sales US existing home sales, published monthly by the National Association of Realtors (NAR), measure completed transactions of previously owned single-family homes, townhomes,…
Gold extends its recovery toward $5,200 after starting the week on a bearish note. Geopolitical risks remain in play amid a further escalation of tensions in the Middle East, which in turn assists the safe-haven precious metal to build on the previous day’s bounce from the vicinity of the $5,000 psychological mark.
