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Energies
EU Natural Gas Extends Surge
European natural gas futures jumped 20% to €52/MWh, following a dramatic 35% increase in the previous session as rising tensions…
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Banks
Brent: Conflict-driven spike and eurozone risks – Commerzbank
Commerzbank analysts Charlie Lay and Moses Lim note Brent crude has surged toward USD79–80 as shipping through the Strait of…
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Economics
ECB’s Lane: Prolonged conflict could lead to a substantial spike in inflation
European Central Bank (ECB) chief economist Philip Lane said on Tuesday that a prolonged conflict could lead to a substantial…
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Geo-Political
US forces destroy command facilities of Iran’s IRGC
US military officials said on Tuesday that they have destroyed command posts of Iran’s Revolutionary Guards as well as Iranian…
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Metals
Gold sticks to gains above $5,350 amid sustained safe-haven demand; firmer USD caps gains
Gold attracts buyers for the fifth straight day amid rising tensions in the Middle East. The USD stands firm near…
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Forex
USD/CHF holds gains above 0.7800 as US Dollar gains on risk aversion
USD/CHF appreciates as safe-haven demand increases due to the Middle East war. ISM Manufacturing PMI eased to 52.4 in February…
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Forex
EUR/GBP holds gains above 0.8700 ahead of Eurozone HICP inflation data
EUR/GBP gains ground near 0.8725 in Tuesday’s early European session. A significant by-election defeat for the Labour government weighs on…
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Forex
USD/CAD Price Forecast: Sticks to 20-day EMA despite war in Middle East
USD/CAD wobbles around 1.3670 as upbeat CAD due to rising oil prices has neutralized the positive impact of a firm…
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Markets
Hong Kong Shares Extend Losses on Oil Shock, PMI Jitters
Hong Kong stocks slipped 124 points, or 0.5%, to 25,941 in early Tuesday trade, marking declines for the second straight…
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Markets
China Stocks Drop on Inflation Concerns
The Shanghai Composite fell 0.8% to below 4,150, while the Shenzhen Component dropped 2.2% to 14,145 on Tuesday, reversing gains…
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