Posted at 30 March 2026 / Categories Market Roundups
Market Roundup
•French 12-Month BTF Auction 2.660% ,2.585% previous
• French 3-Month BTF Auction 2.238% , 2.226% previous
• French 6-Month BTF Auction 2.407%, 2.412% previous
• US Dallas Fed Mfg Business Index (Mar) -0.2, 0.2 previous
• US 3-Month Bill Auction 3.620% ,3.635% previous
• US 6-Month Bill Auction 3.605%, 3.630% previous
Looking Ahead Economic Data (GMT)
•23:30 Japan Tokyo Core CPI (YoY) (Mar) 1.8% forecast, 1.8% previous
•23:30 Japan CPI (YoY) (Mar): 1.5% previous
•23:30 Japan CPI Tokyo Ex Food and Energy (MoM) (Mar): 0.3% previous
•23:30 Japan Unemployment Rate (Feb): 2.7% forecast, 2.7% previous
•23:30 Japan Jobs/applications ratio (Feb): 1.18 forecast, 1.18 previous
•23:30 Japan Tokyo CPI (YoY) (Mar): 1.6% previous
•23:30 Japan Industrial Production (MoM) (Feb): -2.0%, 4.3% previous
•23:30 Japan Large Scale Retail Sales YoY (Feb): 3.0% previous
•23:50 Japan Industrial Production forecast 2m ahead (MoM) (Apr): -2.6% previous
•23:50 Japan Retail Sales (YoY) (Feb): 0.9%, 1.8% previous
•23:50 Japan Industrial Production forecast 1m ahead (MoM) (Mar): -0.5% previous
•23:50 Japan Large Retailers' Sales (MoM) (Feb): 4.1% previous
•01:00 New Zealand ANZ Business Confidence (Mar): 59.2 previous
•01:00 New Zealand NBNZ Own Activity (Mar): 52.6% previous
•01:30 Australia Private Sector Credit (MoM) (Feb): 0.6% forecast, 0.5% previous
•01:30 Australia Housing Credit (Feb): 0.6% previous
•02:30 China Manufacturing PMI (Mar): 50.2, 49.0 previous
•02:30 China Chinese Composite PMI (Mar): 49.5 previous
•02:30 China Non-Manufacturing PMI (Mar): 49.9 forecast, 49.5 previous
Looking Ahead Events And Other Releases (GMT)
• 01:30 Australia RBA Meeting Minutes
Currency Forecast
EUR/USD : The euro slipped lower on Monday amid worries that a prolonged U.S.-Israeli war with Iran would hurt growth. President Donald Trump said that Iran's energy plants and oil wells would be obliterated unless the country opened the Strait of Hormuz, after Tehran described U.S. peace proposals as unrealistic and fired waves of missiles at Israel. Federal Reserve Chair Jerome Powell said the U.S. central bank can afford to wait and see how the Iran war affects the economy and inflation. The Fed left its overnight benchmark interest rate steady in the 3.50%-3.75% range earlier this month.A series of economic data is due this week, including U.S. job openings, retail sales, the ADP employment report and nonfarm payrolls. The euro fell 0.44% to $1.1457.Immediate resistance can be seen at 1.1520(38.2%fib), an upside break can trigger rise towards 1.1560 (SMA 20).On the downside, immediate support is seen at 1.1398(23.6%fib), a break below could take the pair towards 1.1369(Lower BB).
GBP/USD: The British pound eased against the dollar on Monday as investors fretted over the impact of the Iran war on the UK economy.The pound remains the best-performing currency against the greenback since the war began in early March. However, strategists see it as vulnerable, given Britain's heavy dependence on imported natural gas, persistently high inflation, and stretched public finances—factors that have pushed government bonds into a far steeper decline.Investors are also eyeing local elections on May 7, where Keir Starmer's governing Labour Party is trailing the populist Reform UK and the left-wing Green Party.Economic data last week showed British business activity grew at the slowest pace in six months, while manufacturers' input costs accelerated at the fastest rate since 1992 and retail sales fell. 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 1.3180(23.6%fib), a break below could take the pair towards 1.3146(Lower BB).
USD/CAD: The Canadian dollar fell to a near four-month low against the greenback Monday as the prolonged Middle East conflict fueled concerns that slower growth would offset the inflationary effect of higher energy prices.President Trump warned Iran's energy plants and oil wells would be obliterated if it does not open the Strait of Hormuz, after Tehran rejected U.S. peace proposals as "unrealistic" and launched missiles at Israel.Oil, a key Canadian export, rose 3.9% to $103.49 a barrel, while the U.S. dollar extended recent gains. Canadian GDP data due Tuesday is expected to show January growth was flat, offering clues on the Bank of Canada's policy path.Immediate resistance can be seen at 1.3949(Higher BB), an upside break can trigger rise towards 1.3993 (Higher BB).On the downside, immediate support is seen at 1.3895(38.2%fib), a break below could take the pair towards 1.3818(50%fib).
USD/JPY: The U.S. dollar eased Monday as the yen firmed on potential intervention risks from Japanese authorities. Japan escalated its warnings, signaling that further yen weakness could trigger a near-term rate hike amid rising inflation concerns from the Middle East conflict.In its strongest warning yet, Atsushi Mimura said authorities may take "decisive" action if speculative yen moves persist—language markets see as a clear signal of potential intervention. Meanwhile, Kazuo Ueda noted the Bank of Japan will closely monitor the yen, 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
European shares advanced in choppy trade and investors focused on a Gulf conflict that they fear will drive inflation and raise the risk of recession across the globe.
UK's benchmark FTSE 100 closed up by 1.61 percent, Germany's Dax ended up by 1.18 percent, France’s CAC finished the day up by 0.92 percent.
U.S. stocks ended mixed on Monday as Trump's latest threat to Iran and escalating regional conflict overshadowed hopes raised by his remarks on talks with Tehran.
Dow Jones closed down by 0.11 percent, S&P 500 closed down by 0.39percent, Nasdaq settled down by 0.73 percent.
Commodities Recap
Benchmark oil prices extended gains toward their largest ever monthly increase on Monday, as major Wall Street indexes were mixed in choppy trade and investors focused on the war on Iran that they fear will drive inflation and raise the risk of recession across the globe.
Brent crude futures settled up 0.2% at $112.78 per barrel, as U.S. crude surged 3.3% to $102.88.
Gold gained on safe-haven demand but was on track for a monthly loss, as the Middle East conflict stoked inflation fears and expectations of higher global interest rates.
Spot gold rose 0.6% to $4,518.57 per ounce by 1:32 p.m. ET (1732 GMT) after hitting its lowest level since November early last week.
U.S. gold futures settled 0.7% higher at $4,557.50.