Forex Market News .. collected from serval sources, all in one place for you to review. entries in this category will be auto-removed after 90 days.
Japan PPI for February 2026, AKA corporate goods price index (CGPI), measures the price companies charge each other for their goods and services:
-0.1% m/m
2.0% y/y
North Korea tested a cruise missile designed for naval deployment while backing Iran and condemning U.S. and Israeli military actions.
Summary:
North Korea conducted a strategic cruise missile test on Tuesday, according to state media KCNA.
The missile was designed for deployment on a naval destroyer, highlighting Pyongyang’s expanding naval strike capability.
Leader Kim Jong Un said destroyers must be equipped with supersonic weapons, signalling continued military modernisation.
North Korea also voiced support for Iran’s political process to select a new supreme leader.
Pyongyang condemned what it called “illegal” U.S. and Israeli military attacks against Iran.
North Korea said it had conducted a strategic cruise missile test designed for use…
Japan wholesale level inflation indicator, the PPI, is due today. Expected just a loittle softer.
Still, the most focus for markets will be on the war makers.
This article was written by Eamonn Sheridan at investinglive.com.Markets:
Oil is the tail that's wagging the dog at the moment and what it mess it was…
Do you ever get the sense that someone is playing games?
CNN reported just minutes ago that Iran has placed a few dozen mines in the Strait of Hormuz. They cited "according to two people familiar with US intelligence reporting on the issue", who were unnamed but they were no doubt sourced (and not made up).
Now Trump is saying there are no reports of mines?
If Iran has put out any mines in the Hormuz Strait, and we have no reports of them doing so, we want them removed, IMMEDIATELY! If for any reason mines were placed, and they are not removed forthwith, the Military consequences to Iran will be at a level never seen before. If, on the other hand, they remove what may have been placed, it will be a giant step in the right direction!…Oil prices are rising once again after a CNN report said Iran has begun laying mines in the Strait of Hormuz.
"Iran has begun laying mines in the Strait of Hormuz, the world’s most important energy chokepoint that carries about one-fifth of all crude oil, according to two people familiar with US intelligence reporting on the issue," CNN writes.The report says that only 'a few dozen' are in place so far but that Iran is using small boats 'in recent days'. This echoes the prior report from CBS that said Iran was 'preparing' mines but takes it a step further.
The report from CNN said Iran could deploy hundreds more mines and the CBS report said it had 3-6000 mines.
The issues is that de-mining is a time-intensive task at best and that could…
High Yield: 3.579% vs 6-month avg. 3.563%
WI level at the time of the auction 3.568%
Tail 1.1 bps vs 6 month average of -0.6 bps
Bid-to-Cover 2.55X vs 6 month average of 2.69x
Dealers 19.5% vs 6 month average of 10.5%
Directs 20.7% versus 6 month average of 25.3%
Indirects: 59.8% versus 6 month average of 64.3%
AUCTION GRADE: D
Not a good auction as the dealers were saddled with 19.5% while above the 10.5% 6 month average. The tail was 1.1 basis points which was also well above the -0.6 basis point average. Both domestic and international demand was well below the averages. The only reason it indicated a grade of F, is the auction did not fail. That is, there was enough bidders to buy it. However, for a 3 year note auction, the demand was tepid…
US existing home sales, published monthly by the National Association of Realtors (NAR), measure completed transactions of previously owned single-family homes, townhomes, condominiums, and co-ops based on closings reported through Multiple Listing Services. Because roughly 90% of home purchases involve existing rather than new properties, the series is widely regarded as one of the most important barometers of housing market health and, by extension, broader consumer spending.
The US housing market spent much of 2025 in a…
US Secretary of Defense Pete Hegseth held a briefing at the Pentagon today and said:
Separately, a top US general said the US is looking at options if it's tasked with escorting ships through the Strait of Hormuz.
Eyes are mostly on Trump after yesterday's re-framing of the 4-5 week timeline, saying they're far ahead of that. That was clearly a TACO due to the drop in stock markets and jump in oil. In response, we saw the mother of all reversals in the crude market. Today that's continued with WTI down…
The post Ex-Dividend 11/03/2026 first appeared on IC Markets | Official Blog.
This is a minor setback but the index remains above its 52-year average of 98. This is not a market moving report and it certainly won't be now that the focus is solely on the US-Iran war.
NFIB Chief Economist Bill Dunkelberg said: "Although optimism declined slightly, small businesses report feeling more certain in February as they look toward the coming months. High sales and increased profits made February a more positive month for many owners, but competition from large businesses is putting stress on Main Street firms as they navigate the current economic climate. Labour quality and sales improved."
The NFIB Small Business Optimism Index is a monthly economic indicator that measures the "pulse" of small…
