Commerzbank’s Commodity Analyst Carsten Fritsch compares current Oil disruptions from the Strait of Hormuz blockade with the 1970s oil crises, highlighting record supply shortfalls and potential demand and supply adjustments over time.
OCBC strategists Sim Moh Siong and Christopher Wong note USD/THB has risen over 4% month‑to‑date as markets scaled back expectations for near‑term Fed easing and Oil prices surged, hurting Thailand’s terms of trade.
Silver (XAG/USD) prices retreated nearly 2% on Tuesday, even as the Greenback remained softer and US Treasury yields fell. Higher Crude Oil prices pressure the white metal, which is down 1.81% in the week, while risk appetite improves.
TD Securities’ Senior Commodity Strategist Daniel Ghali warns Gold is increasingly exposed as US 2-year yields break their downtrend and the macro backdrop shifts.
United States Pending Home Sales (YoY) fell from previous -0.4% to -0.8% in February
United States Pending Home Sales (MoM) above expectations (-0.5%) in February: Actual (1.8%)
Deutsche Bank’s Global Head of FX Research George Saravelos notes that the Iran war has made markets highly correlated to energy, with higher Oil prices and weaker global growth now supporting the Dollar. Asia FX is seen as central to broad Dollar direction and is being hit hardest.
Societe Generale economists assess how the reformed German debt brake and approved 2025–2026 budgets will lift German fiscal spending and affect the Euro area.
Gold (XAU/USD) trades in a tight range on Tuesday as traders remain cautious and avoid large directional bets ahead of a heavy week of monetary policy announcements from major central banks.
Rabobank’s Senior FX Strategist Jane Foley discusses Japanese Yen (JPY) dynamics around upcoming G10 central bank meetings and potential Bank of Japan policy shifts. Foley notes Governor Ueda’s hawkish tone, ongoing BoJ tightening expectations despite higher energy costs.
