Monthly Archives: March 2026
41654156156RBA Decision Looms as Hawkish Expectations Buoys Aussie
Written on March 16, 2026 at 8:23 am, by pumarketings
Key Takeaways: *The Australian Dollar trades near 0.7000 against the U.S. Dollar ahead of the policy decision from the Reserve Bank of Australia. *Futures indicate about a 70% chance of a 25 bps hike to 4.10% as inflation remains above target and energy prices surge. *Disruptions around the Strait of Hormuz are lifting oil prices,Continue Reading
Geopolitical Supply Shock Persist, Prices Consolidate Near $100
Written on March 16, 2026 at 8:15 am, by pumarketings
Key Takeaways: *Crude remains elevated with Brent Crude near $103 and West Texas Intermediate around $100, as severe disruptions at the Strait of Hormuz choke global supply flows. *Attacks on vessels and export shutdowns across Gulf producers have removed millions of barrels from the market, creating one of the largest supply shocks in recent history.Continue Reading
Chart the Market (16/03/2026)
Written on March 16, 2026 at 6:05 am, by pumarketings
ETH, H4: Ethereum has been trading within a defined range throughout March, oscillating between support near $1,850 and resistance just under the $2,200 level. The latest price action shows the cryptocurrency forming a higher-low pattern, indicating building bullish momentum as buyers defend progressively higher support levels . The immediate technical focus is the $2,180-$2,200 resistanceContinue Reading
