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AUD/USD Price Forecast: More upside likely amid hawkish RBA bets
The AUD/USD pair trades 0.15% higher at around 0.7115 during the late Asian trading session on Wednesday. The Aussie pair rises as the Australian Dollar (AUD) trades broadly firm, following the Reserve Bank of Australia’s (RBA) monetary policy announcement on Tuesday, in which it raised its Official
Fxstreet
Wed, Mar 18
Memory Stocks Lead Japan and South Korea Markets; Nikkei 225 Hits 55,000 Mark; KOSPI Break 5,900, Triggering Circuit Breakers
TradingKey - During the Asian trading session on Wednesday, March 18, Japanese and South Korean stock markets rose across the board. The Nikkei 225 Index climbed above the 55,000-point mark, a gain of 2.6%. South Korea’s benchmark KOSPI index surged 4.6%, breaking through the 5,900-point level. As K
TradingKey
Wed, Mar 18
Citi: Brent Crude Seen at $110-$120 in Short Term, Expects Middle East Situation to Ease in Mid-to-Late April
TradingKey - A recent research report from international investment bank Citigroup (C) shows that the firm has raised its short-term baseline forecast range for Brent crude to $110-$120 per barrel. Regarding the Middle East geopolitical situation, Citi expects regional conflicts to potentially ease by mid-to-late April.
TradingKey
Wed, Mar 18
Amazon plans sharp cut in packages it sends through US Post Office, source says
Amazon, USPS have been negotiating new contract for over a yearAmazon says USPS walked away; USPS says it is still negotiatingUSPS faces cash crunch; needs auction to raise fundsUSPS auction adds uncertainty, Amazon saysBy David Shepardson WASHINGTON, March 17 (Reuters) - Amazon.com AMZN.O plans ...Reuters
Wed, Mar 18
XRP Flashes Rare Bottom Signals As Analyst Eyes Breakout Toward $14–$18
XRP may be flashing the kind of multi-factor bottom setup that has only appeared a handful of times before, according to analyst Will Taylor (@CryptoinsightUK), who argued in a video published Tuesday that the token is showing rare high-timeframe signals associated with prior cycle lows.NewsBTC
Wed, Mar 18
JGB Yields Dip as Inflation Fears Ease Ahead of BoJ Decision
TOKYO, March 18 (Reuters) - Japanese government bond (JGB) yields dropped on Wednesday after concerns over inflation receded following a pause in oil price rally, although the decline was limited as investors awaited the Bank of Japan's upcoming policy decision.Reuters
Wed, Mar 18
Cuba Restores Power After 29-hour Blackout Amid US Oil Blockade
HAVANA, March 17 (Reuters) - Cuba has reconnected its power grid on Tuesday and brought online its largest oil-fired power plant, energy officials said, putting an end to a nationwide blackout that lasted more than 29 hours amid a U.S. move to choke off the island's fuel supply.Reuters
Wed, Mar 18
Asia demand powers Japan's exports for sixth month as Iran war risks grow
February exports +4.2% yr/yr vs forecast +1.6%Imports +10.2% yr/yr vs forecast +11.5%Middle East conflict looms as significant risk to Japan's economyJapan is heavily reliant on energy imports to power industriesBy Makiko Yamazaki TOKYO, March 18 (Reuters) - Japan's exports rose for a six...Reuters
Wed, Mar 18
Why Trump Postponed China Visit?
TradingKey - Donald Trump unexpectedly stated on March 16 that his planned visit to China at the end of March may be postponed. The reason stems from the sustained rally in oil prices, which threatens to undermine his campaign promises to voters. He reportedly intends for China to intervene and coolTradingKey
Wed, Mar 18
Japan and South Korea Stocks Open Higher and Gain as Japan Economic Data Signal Recovery
TradingKey - On Wednesday (March 18), Asia-Pacific markets delivered a strong performance in early trading as Japanese and South Korean stocks opened higher. The Nikkei 225 opened up 0.9%, while the KOSPI opened 2.2% higher. Gains continued to broaden thereafter; as of press time, the Nikkei 225 rose 1.52% intraday, and the KOSPI's gains further expanded to 3.75%.TradingKey
Wed, Mar 18
Iran Rejects De-escalation as Israel Kills Iranian Security Chief
DUBAI/JERUSALEM, March 17 (Reuters) - Iran's security chief Ali Larijani was killed by Israel, the government confirmed on Tuesday, the most senior figure targeted since the U.S.-Israeli war's first day, while a senior Iranian official said Iran's new supreme leader rejected de-escalation offers conReuters
Wed, Mar 18
Us Targets Iranian Missile Sites Near the Strait of Hormuz
The United States military said that it targeted sites along Iran’s coastline near the Strait of Hormuz, one of the world’s most critical energy chokepoints, because Iranian anti-ship missiles posed a risk to international shipping there, Reuters reported on Wednesday.Fxstreet
Wed, Mar 18
Lululemon Forecasts Softer 2026 Amid Demand Strains, Taps Ex-ceo of Levi for Board
March 17 (Reuters) - Lululemon LULU.O forecast 2026 revenue and profit below analysts' estimates on Tuesday and appointed a former chief of jeans maker Levi Strauss LEVI.N to the board, which is facing a proxy fight.Reuters
Wed, Mar 18
WTI Rises Above $95.00 as Iran's Attacks on Facilities Fuel Supply Fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.00 during the early Asian trading hours on Wednesday. The WTI price climbs amid intensifying Middle East conflict and severe supply disruptions.Fxstreet
Wed, Mar 18
