Ireland AIB Manufacturing PMI rose from previous 52.2 to 53.1 in February

Mar 2, 2026

Australian Dollar pares recent losses despite Middle-East conflict

AUD/USD recovers after opening at a gap down, trading around 0.7070 during the Asian hours on Monday. The risk-sensitive pair plunged as risk aversion heightened after the United States (US) and Israel carried out coordinated strikes on Iran over the weekend.

WTI jumps above $70.50 on fears of Iran supply disruption

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.65 during the early European trading hours on Friday. The WTI jumps to its highest since June 2025 after joint military strikes by the US and Israel against Iran over the weekend.