Turkey Economic Confidence Index: 97.9 (February) vs previous 100.7

Austria Producer Price Index (MoM) remains at 0.1% in February

Austria Producer Price Index (YoY): -1.4% (February)

Spain Retail Sales (YoY) came in at 2.2%, below expectations (3.8%) in February

Underlying inflation must be judged comprehensively by examining a wide range of information on economic activity and prices from multiple perspectives.

Pi Network (PI) recovers over 2% at press time on Monday, holding above a key support level despite the ongoing US-Iran war weighing down on the broader cryptocurrency market.

HSBC Asset Management notes that Gold has sold off sharply despite heightened geopolitical tensions and a stronger Dollar, behaving more like a risk asset in 2026.

MUFG’s Senior Currency Analyst Lloyd Chan notes that the US–Iran conflict and threats to Middle Eastern energy infrastructure are keeping energy risk premia elevated, supporting the Dollar.

The Euro (EUR) consolidates last week's losses near 1.1500 on Monday, with the US Dollar favoured by a dismal market sentiment. Investors are coming to terms with the Idea of a protracted war in the Middle East, with high Oil prices posing significant challenges for the crude oil-importing Eurozone

Commerzbank’s Thu Lan Nguyen notes that recent Euro strength against the Dollar reflects expectations that the ECB will react more quickly to the latest inflation shock than in 2022. Higher Oil and gas prices are seen feeding into Euro area inflation, with German data key.

Silver price (XAG/USD) trades almost 1% higher to near $70.50 during the early European trading session on Monday.

South Africa Private Sector Credit rose from previous 8.83% to 10.5% in February

Tron (TRON) extends its upward move, trading above $0.320 as of writing on Monday after soaring for the fourth consecutive week. The bullish sentiment is further strengthened as Tron Inc. added more TRX tokens to its reserves.

The USD/CAD pair posts a fresh two-month high at 1.3900 in the Asian trading session on Monday. The Loonie pair extends its five-day-long advance as the US Dollar (USD) trades firmly amid strong demand for safe-haven assets.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, retreats slightly from the vicinity of the monthly top, around the 100.30 region, retested earlier this Monday.

Solana (SOL) price is up over 2% at press time on Monday, staging a minor recovery after four consecutive days of losses, bringing the total to a 5% drop last week.

The Indian Rupee (INR) bounces back against the US Dollar (USD) in the opening trade at the start of the week, following the Reserve Bank of India’s (RBI) introduction of new limits on banks’ foreign-exchange exposure, which pushes the USD/INR pair lower by over 1% to near 94.00.

AUD/JPY has pared its recent gains from the previous trading day, hovering around 109.70 during the Asian hours on Monday.

The USD/JPY pair retreats sharply from the vicinity of mid-160.00s, or a fresh high since July 2024, touched during the Asian session on Monday, and for now, seems to have snapped a four-day winning streak.

Cardano (ADA) price recovers mildly, trading above $0.24 as of writing on Monday, after a two-week correction. Improving on-chain data and strengthening derivatives data support a possible recovery ahead for ADA.

West Texas Intermediate (WTI) oil price edges lower after three days of gains, trading around $98.90 per barrel during the Asian hours on Monday. However, crude oil prices may recover on supply concerns as expectations for a quick resolution to the Iran conflict continue to fade.

Gold (XAU/USD) reverses a modest Asian session slide to the $4,420 area and looks to build on Friday's strong gains of over 2.50%.

Bitcoin (BTC) starts the week on a bullish note during early Asian hours on Monday, approaching the $67,000 mark. However, the ongoing US-Iran war fuels price surges in oil, aluminium, and other metals amid the threat of US forces being deployed on the ground. 

GBP/USD inches higher after four days of losses, trading around 1.3270 during the Asian hours on Monday. The technical analysis of the daily chart indicates a persistent bearish bias, as the pair remains within the descending channel pattern.

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) retest key support levels on Monday after falling nearly 3%, 4% and 5%, respectively, in the previous week. BTC tests the lower channel support, ETH stabilizes around the midpoint of the consolidation zone, while XRP retests horizontal support.

EUR/JPY depreciates after registering small gains in the previous trading day, hovering around 184.00 during the Asian hours on Monday. The currency cross weakens as the Japanese Yen (JPY) firms following remarks from the Bank of Japan (BoJ) Governor Kazuo Ueda.

The AUD/USD pair is down 0.3% around 0.6850 during the Asian trade at the start of the week. The Aussie pair faces selling pressure as risk-off impulse, driven by fears of escalating conflicts in the Middle East, is acting as a key drag on the Australian Dollar (AUD).