Australia flash PMI slips into contraction as services slump and cost pressures surge.Australia's flash PMI shows a return to contraction, with services-led weakness and surging cost pressures highlighting a stagflationary backdrop.

Australia S&P Global Composite PMI: 47 (March) vs previous 52.4.Australia S&P Global Composite PMI: 47 (March) vs previous 52.4

Australia S&P Global Services PMI declined to 46.6 in March from previous 52.8.Australia S&P Global Services PMI declined to 46.6 in March from previous 52.8

Economic and event calendar in Asia Tuesday, March 24, 2026 0 Japan inflation data.Japan's national inflation data for February is due later today, with the release expected to mirror the softer tone seen in the Tokyo CPI figures earlier in the month. The Tokyo data showed underlying price pressures moderating, with core inflation slipping back below the Bank of Japan's 2% target.

Financial & Forex Market Recap: March 23, 2026.Monday's session delivered extraordinary intraday volatility as President Trump announced a five-day postponement of planned Iran strikes, triggering sharp reversals across oil, equities, the dollar, and gold.

Trading Day: TACO back on the menu.Oil sank and U.S. stocks rose on Monday on hopes that an end to the Middle East war could be in sight after U.S. President Donald Trumpdelayed military strikes on Iran's power plants and indicated that early talks with Tehran have been held.

South Korea Producer Price Index Growth (MoM): 0.6% (February).South Korea Producer Price Index Growth (MoM): 0.6% (February)

South Korea Producer Price Index Growth (YoY) climbed from previous 1.9% to 2.4% in February.South Korea Producer Price Index Growth (YoY) climbed from previous 1.9% to 2.4% in February

Natural Gas Price Forecast: Bears Target January Low.Natural gas broke key short-term support Monday, signaling bearish continuation, with downside pressure likely to test January lows unless temporary rallies overcome resistance near $3.54.

investingLive Americas FX news wrap 23 Mar: The hope for peace lifted markets today..The US session got off to a solid start after Pres. Trump posted on Truth Social signaling productive talks between the U.S. and Iran and a five-day postponement of planned strikes on Iranian energy infrastructure.

Peace hopes? – North American Session Market Wrap for March 23.March 23rd 2026 North-American Session Recap – US-Iran talks could be picking up, helping a significant rebound in Sentiment. Check up the latest trends and developments, daily asset and FX performance, what changed fundamentally and what's coming up in the session ahead.

CNY: Managed stability as surplus defended – Commerzbank.CNY: Managed stability as surplus defended – Commerzbank

USD/JPY Intervention Threat and the Oil Correlation: EUR/JPY, GBP/JPY.While the USD/JPY backdrop was treacherous in late-January and early-February, bulls came back in a big way over the past month and have continued to flirt with a massive line in the sand at the 160.00 handle.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 11% As Traders Focus On U.S. – Iran Talks.President Trump said that U.S. was negotiating with Iran and delayed strikes on Iranian energy infrastructure.

BoK: Hawkish shift may bring earlier hikes – ING.BoK: Hawkish shift may bring earlier hikes – ING

USD/JPY Price Forecast: Bears defend 159.00, eye a close below 158.00.USD/JPY Price Forecast: Bears defend 159.00, eye a close below 158.00

Brazil real strengthens as risk sentiment improves after Trump decision.The Brazilian real strengthened on Monday, recovering from recent losses as global risk sentiment improved, with the currency appreciating to around 5.22 per US dollar. The rebound followed US President Donald Trump's decision to delay planned strikes on Iranian energy infrastructure, a move that eased geopolitical tensions and triggered a shift in currency markets.

Pound Sterling Price News and Forecast: Rises as Trump signals Iran de-escalation, US Dollar sinks.Pound Sterling Price News and Forecast: Rises as Trump signals Iran de-escalation, US Dollar sinks

WTI plunges back below $100 as Trump postpones energy infrastructure strikes on Iran.WTI plunges back below $100 as Trump postpones energy infrastructure strikes on Iran

EUR/JPY holds as Yen firms on BoJ outlook and intervention risks.EUR/JPY holds as Yen firms on BoJ outlook and intervention risks

China: Policy-driven resilience and quality growth – HSBC.China: Policy-driven resilience and quality growth – HSBC

War Drives Risk-Off Environment, Favors USD And JPY.To add Benzinga News as your preferred source on Google, click here. The Fed's decision to keep rates unchanged at 3.50%-3.75% left no surprises.

Trump: Discussions with Iran to determine whether broader agreement can be reached.Discussions with Iran to determine whether broader agreement can be reached. This time around means business.

AI may boost euro area productivity growth by 4% in 10 years, ECB says.Artificial intelligence could lift euro zone productivity growth by more than 4 percentage points over the next decade, although a ​prolonged energy shock could slow progress, European Central Bank chief ‌economist Philip Lane said on Monday.

Global liquidity squeeze, HSI sharply lower on Trump ultimatum & the week ahead.We join OANDA Senior Market Analyst Kelvin Wong and podcast host Jonny Hart in today's episode, recapping today's Asia session after Trump's ultimatum to Iran regarding the Strait of Hormuz. Otherwise, we also look ahead to this week's trading, with particular focus on upcoming PMI and inflation data.

U.S. Dollar Pulls Back As Oil Dives 8%: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency moved lower as President Trump said that Iran was negotiating with the U.S.

Eurozone: Firmer growth and eventual ECB hikes – BNP Paribas.Eurozone: Firmer growth and eventual ECB hikes – BNP Paribas

Natural Gas Price Outlook – Natural Gas Continues to Follow War Headlines.Natural gas plummets to kick off the week as traders are following the latest headlines coming out from the Middle East. Ultiamtely though, demand is slipping this time of year.

Crude Oil Price Forecast – Crude Oil Plunges on Word of Talks.Crude oil gets hammered as traders are reacting to the idea that Americans and Iranians are speaking.

Eurozone Consumer Confidence came in at -16.3 below forecasts (-14.4) in March.Eurozone Consumer Confidence came in at -16.3 below forecasts (-14.4) in March