⚠️ Australia — RBA Governor Michele Bullock Speaks at 21:10 GMT

🗓 Economic Calendar at 2026/03/03 (GMT)

04:00 🇯🇵 ⚡️ BOJ Governor Kazuo Ueda Speaks

10:00 🇪🇺 Consumer Price Index — Exp: 1.7% Actual: 1.9%

10:00 🇪🇺 Consumer Price Index - Core — Exp: 2.2% Actual: 2.4%

12:30 🇬🇧 ⚡️ Annual Budget Release


[Updated in real time]

CHFJPY Wave Analysis – 2 March 2026

- CHFJPY reversed from resistance zone

- Likely to fall to support level 200.00

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EURUSD Wave Analysis – 2 March 2026

- EURUSD broke support zone

- Likely to fall to support level 1.1600

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⚠️ Japan — BOJ Governor Kazuo Ueda Speaks at 04:00 GMT

The crypto market failed to break out of its range

The crypto market cap grew by 2.6% to $2.33 trillion. The market remains stuck in a narrow range, moving from the lower boundary on Saturday to the upper boundary at the start of the day on Tuesday. At times like this, attention turns to whether there will be an upward breakout and a reversal of the February pattern. On the sellers' side, the pull towards the dollar is a strong headwind for USD-denominated quotes. On the other hand, this is a chance for Bitcoin and major cryptocurrencies to play their role as a safe haven, providing shelter from the storm.

Bitcoin rose to $70K, but Tuesday morning's decline brought its price back to $67K, indicating significant resistance from sellers on the upside. The first cryptocurrency failed to break out of horizontal consolidation, which again forces us to consider a decline to $63K as a working scenario.

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⚠️ UK — Annual Budget Release at 12:30 GMT

Euro spooked by crisis

The US dollar is rising on a flight to safe havens.

EURUSD under pressure from soaring energy prices.

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🇺🇸 US pre-market: Mostly negative 📉

In the electronic technology sector, NVIDIA (NVDA) shares are down 2.55%, while Broadcom (AVGO) shares are down 2.77%.

In the financial sector, JPMorgan Chase (JPM) shares are down -2.04%, while Bank of America (BAC) shares are down -2.13%.

In the Consumer Services sector, McDonald's (MCD) shares are down -1.14%, while Walt Disney (DIS) shares are losing -1.13%.

The prevailing decline in the quotes of the largest technology, financial and consumer companies reflects the continuing risk aversion in the US market, which is providing short-term support for the dollar due to increased demand for US safe-haven assets.

▶️ Pro News Flash: Dollar Surges as Oil Spikes and Fed Cut Hopes Fade

🟢 The US dollar is gaining momentum as rising oil prices and climbing Treasury yields reshape the macro landscape. Higher energy costs are fueling inflation risks, forcing markets to rethink expectations for Federal Reserve rate cuts.

📈 According to Federal Reserve research, a 10% jump in crude oil prices could lift inflation by 0.15 percentage points next year. With Brent and WTI pushing higher, traders have shifted expectations for the first Fed rate cut from June to July, sending EURUSD lower.

🛢️ Energy markets are once again in focus. The US, now a net energy exporter, stands to benefit from elevated oil and gas prices linked to escalating tensions in the Middle East. In contrast, Europe remains heavily dependent on energy imports, increasing pressure on the euro.

🌍 If the Middle East conflict drags on and oil supply tightens further, Brent could surge toward $120 per barrel. Such a move would likely strengthen the dollar sharply while European currencies face renewed downside risk, echoing the 2021 to 2022 energy crisis when EURUSD briefly slipped below parity.

💴 USDJPY has climbed to its highest levels since January, prompting Japan’s Finance Minister Satsuki Katayama to signal readiness for action. Authorities are closely monitoring currency markets and may step in if volatility intensifies.

🥇 Gold is also feeling the pressure. Despite geopolitical support, rising US yields and a stronger dollar are weighing on the precious metal as it struggles to hold above $5,300 per ounce.

📊 With inflation risks resurfacing, rate cut expectations shifting, and geopolitical tensions rising, the key question is whether this marks the beginning of a renewed dollar supercycle.

📍 With confidence fading and portfolio allocations shrinking, Bitcoin risks a move toward $50,000, with downside pressure still building.

📅 The key question now: Is this just another shakeout, or is Bitcoin entering a deeper structural reset?

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EUR50 Index Wave Analysis – 3 March 2026

EUR50 Index: ⬇️ Sell

- EUR50 Index broke support zone

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Brent Crude Oil Wave Analysis – 3 March 2026

Brent Crude Oil: ⬆️ Buy

- Brent Crude Oil broke key resistance levels

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Exxon Mobil Wave Analysis – 3 March 2026

Exxon Mobil: ⬇️ Sell

- Exxon Mobil reversed from resistance zone

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EURCAD Wave Analysis – 3 March 2026

- EURCAD broke support zone

- Likely to fall to support level 1.5765

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🗓 Economic Calendar at 2026/03/04 (GMT)

00:30 🇦🇺 ⚡️ Gross Domestic Product — Exp: 0.6% | 2.2% Actual: 0.8% | 2.6%

01:30 🇨🇳 ⚡️ Manufacturing PMI — Exp: 49.1 Actual: 49.0

01:30 🇨🇳 Non-Manufacturing PMI — Exp: 49.8 Actual: 49.5

01:45 🇨🇳 Markit Manufacturing PMI — Exp: 50.1 Actual: 52.1

01:45 🇨🇳 Markit Services PMI — Exp: 52.4 Actual: 56.7

01:45 🇨🇳 Markit Composite PMI Actual: 55.4

07:30 🇨🇭 Consumer Price Index — Exp: 0.5% | -0.1% Actual: 0.6% | 0.1%

08:50 🇫🇷 Services PMI — Exp: 49.6 Actual: 49.6

08:50 🇫🇷 PMI Composite — Exp: 49.9 Actual: 49.9

08:55 🇩🇪 Services PMI — Exp: 53.4 Actual: 53.5

08:55 🇩🇪 PMI Composite — Exp: 53.1 Actual: 53.2

09:00 🇪🇺 Services PMI — Exp: 51.8 Actual: 51.9

09:00 🇪🇺 PMI Composite — Exp: 51.9 Actual: 51.9

09:00 🇨🇭 Vice Chairman of the Governing Board Antoine Martin Speaks

09:30 🇬🇧 Services PMI — Exp: 53.9 Actual: 53.9

09:30 🇬🇧 PMI Composite — Exp: 53.9 Actual: 53.7

13:15 🇺🇸 ⚡️ ADP Non-Farm Employment Change — Exp: 50K Actual: 63K

15:00 🇺🇸 ⚡️ ISM Services PMI — Exp: 53.5 Actual: 56.1

15:30 🇨🇦 ⚡️ BOC Governor Tiff Macklem Speaks

15:30 🇺🇸 Crude Oil Inventories — Exp: 3000K Actual: 3475K


[Updated in real time]

⚠️ Australia — Gross Domestic Product at 03:00 GMT

✔️ Prev: 0.5% | 2.1%

🕒 Exp: 0.6% | 2.2%

🎯 Fact.: 0.8% 📈 | 2.6% 📈

⚠️ China — Manufacturing PMI at 03:00 GMT

✔️ Prev: 49.3

🕒 Exp: 49.1

🎯 Fact.: 49.0 📉

Crypto outperformed stocks in Tuesday’s recovery

The crypto market cap changed slightly over the past 24 hours, amounting to $2.34T compared to $2.33T the day before. But this is a victory for cryptocurrencies, given the impressive sell-off those financial markets and gold experienced the day before. The US Nasdaq100 lost more than 2.5% intraday but recovered more than half of its losses by the close. At the same time, cryptocurrencies remained unaffected by this turbulence. Perhaps some traders are looking at crypto as a safe haven.

Bitcoin looked more resilient on Tuesday than the US indices. Trading just below $69K, the first cryptocurrency is at the upper limit of its trading range. Moreover, looking at the intraday dynamics, one can see a sequence of higher local lows. On weekly timeframes, the RSI index has begun to rise from oversold territory. We still consider the situation too fragile to say that the bottom has been reached. Bitcoin is vulnerable due to the increased volatility of stock indices, which is forcing institutional investors to reduce their leverage.

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