Monthly Archives: March 2026
41654156156Hawkish RBA Backdrop Meets Inflation Test as CPI Looms
Written on March 23, 2026 at 5:29 am, by pumarketings
Key Takeaways: *The Australian Dollar holds near 0.7000 after the Reserve Bank of Australia raised rates to 4.10%, with markets pricing further tightening. *Surging crude prices linked to disruptions in the Strait of Hormuz are keeping inflation elevated, reinforcing the RBA’s hawkish stance. *Upcoming inflation data will guide direction—hotter CPI could push AUD/USD toward 0.71–0.7150,Continue Reading
Risk-Off Environment Intensifies, Crypto Market Encounters Massive Sell Down
Written on March 23, 2026 at 3:26 am, by pumarketings
Key Takeaways: *Bitcoin dropped to around $68K and Ethereum to $2,120, pressured by rising oil prices and escalating geopolitical tensions. *A stronger U.S. Dollar Index and over $3B in ETF outflows have intensified selling, alongside large-scale liquidations in derivatives markets. *BTC faces key support at $66K–$67K, while ETH holds near $2,000, with further losses likelyContinue Reading
Oil Price Surges as Geopolitical Risk Premium Persists
Written on March 23, 2026 at 3:25 am, by pumarketings
Key Takeaways: *Brent Crude trades near $111.50 after spiking toward $120, while WTI holds near $98 as supply shocks from the Strait of Hormuz dominate markets. *Production shut-ins across Gulf producers and LNG disruptions have removed millions of barrels, embedding a strong risk premium in crude prices. *Brent likely stays above $95–$100, with potential retestsContinue Reading
