Posted at 30 March 2026 / Categories Market Roundups
Market Roundup
•11:30 Belgium CPI (YoY) (Mar) 1.45% previous
•11:30Belgium CPI (MoM) (Mar)0.54% previous
•12:00 Spanish Business Confidence (Mar) -2.6 previous
Looking Ahead Events And Other Releases (GMT)
•No Events Ahead
Currency Forecast
EUR/USD : The euro edged lower on Monday as mixed signals from Iran and the United States dimmed hopes of a possible quick end to the Middle East conflict.U.S.President Donald Trump said that Iran's new leaders have been "very reasonable", as more U.S troops arrived in the region and Tehran warned it will not accept humiliation. Meanwhile, inflationary threat has led investors ?to revise up the outlook for ?interest rates almost everywhere. U.S. Federal Reserve Chair Jerome Powell will have a chance to air his own views at an event later on Monday and the influential head of the New York Fed, John Williams, is also talking.Data on U.S. retail sales, manufacturing and payrolls this week ?will provide an update on how the economy is faring. The euro dipped 0.1% to $1.1493 , not far from a March trough of $1.1409. Immediate resistance can be seen at 1.1554(SMA 20), an upside break can trigger rise towards 1.1583 (38.2%fib).On the downside, immediate support is seen at 1.1439(Lower BB), a break below could take the pair towards 1.1408(23.6%fib).
GBP/USD:The British pound eased against the dollar on Monday as investors continued to monitor developments in the Middle East war that has upended global markets.The conflict showed no sign of easing, with Yemen's Iran-backed Houthi militia firing missiles at Israel, escalating the conflict and stoking fears of more disruptions to shipping lanes. U.S. President Donald Trump said the U.S. and Iran have been meeting "directly and indirectly" and that Iran's new leaders have been "very reasonable", as more U.S troops arrived in the region, while the Israeli military said on Monday it is attacking the Iranian government's infrastructure throughout Tehran. Immediate resistance can be seen at 1.3285(Daily high), an upside break can trigger rise towards 1.3360(38.2%fib).On the downside, immediate support is seen at 1.3226(Lower BB), a break below could take the pair towards 1.3186(23.6%fib).
AUD/USD: The Australian dollar dipped on Monday as risk sentiment weakened amid an expanding Middle East conflict. Donald Trump signals progress on a potential peace deal, even as preparations for a possible ground offensive continue. The Bab el-Mandeb Strait emerges as a fresh oil supply risk after Houthi attacks on Israel, adding to inflation and commodity concerns . Focus shifts to Reserve Bank of Australia (RBA) meeting minutes on Tuesday for clearer guidance on policy outlook.Much attention will be on how board members balance the risks of inflation and economic growth as a fuel shortage gripped some parts of the country. Immediate resistance can be seen at 0.6880(Daily high), an upside break can trigger rise towards 0.6937(38.2%fib).On the downside, immediate support is seen at 0.6955(March 26th high), a break below could take the pair towards 0.6824(Lower BB).
USD/JPY: The U.S. dollar eased on Monday as yen firmed on potential for Japan’s FX intervention risk.Japan ramped up yen intervention warnings and hinted that further currency weakness could prompt a near-term rate hike, amid rising inflation concerns from the Middle East conflict.In the strongest warning yet on intervention, Atsushi Mimura said authorities may take “decisive” action if speculative moves in the yen persist.The remark marked an escalation, as Atsushi Mimura used the term “decisive” for the first time language markets see as a clear signal of potential intervention.Separately, Kazuo Ueda said the central bank will closely monitor yen moves, with weakness potentially fueling inflation and justifying rate hikes in the coming months. Immediate resistance can be seen at 160.47(23.6%fib) an upside break can trigger rise towards 161.07(Higher BB) .On the downside, immediate support is seen at 159.59(Daily low) a break below could take the pair towards 158.82 (38.2%fib).
Equities Recap
Asian stocks fell on Monday as escalating U.S.-Israel tensions with Iran kept markets on edge, with Japanese shares leading losses after the Bank of Japan signaled potential rate hikes.
Japan’s Nikkei 225 was down by 2.92% , South Korea’s KOSPI was down at 2.97 %, China A50 was down at 0.08 %
Commodities Recap
Gold held steady in a volatile session, as a softer dollar offset a surge in energy prices that heightened inflation concerns and further reduced expectations of Federal Reserve rate cuts this year.
Spot gold edged lower 0.1% to $4,488.46 per ounce as of 0431 GMT after having swung between a more than 1% fall and a marginal gain earlier. U.S. gold futures for April delivery lost 0.1% to $4,518.30.
Brent crude rose 3% on Monday and is on track for a record monthly gain, while global stocks remained subdued as investors brace for a Gulf conflict that could fuel inflation and raise recession risks.
Brent crude rose 3% to $116 a barrel, on course for a 60% gain in March that would outpace the monthly jump that followed Iraq's invasion of Kuwait in 1990. U.S. crude climbed 2% to $101.67.