Uncle Sam is about to release February’s inflation figures. Keep in mind the report won’t include the recent surge in crude oil prices. Our Event Guide for the U.S. February CPI report suggests inflation likely continued to rise, but probably not at a pace strong enough to push FOMC members toward rate hikes. If the CPI data meets expectations…
Goldman Sachs expects February CPI to show easing core inflation as autos and shelter moderate. Data due at 0830 US Eastern time on Wednesday, March 11, 2026. Summary: Goldman Sachs expects February core CPI to rise 0.17% m/m, below the 0.2% consensus. The forecast implies 2.42% year-on-year core inflation, versus 2.5% consensus. Headline CPI is projected to rise 0.18%…
Gold price (XAU/USD) holds steady near $5,190 during the early Asian session on Wednesday. The precious metal steadies after a period of volatility following signals of potential de-escalation in Middle East tensions. US President Donald Trump said on Monday that US military operations in Iran would be ending soon but gave no clear timeline for halting attacks that have rattled the Middle…
Markets whipsawed through Tuesday’s session as escalating military tensions between the United States and Iran drove extreme volatility in oil prices, with crude plunging early in the U.S. session amid reports of potential strategic petroleum reserve releases even as President Trump warned Iran against mining the Strait of Hormuz. Equities struggled to find direction amid the energy market turbulence,…
G7 leaders will hold emergency talks later Wednesday on energy coordination as Middle East tensions push oil prices higher. Summary: French President Emmanuel Macron will host a video call of G7 leaders on Wednesday to discuss energy market impacts from Middle East tensions. The meeting is scheduled for 1400 GMT, according to the Elysee. Leaders will consider coordinated measures…
United States API Weekly Crude Oil Stock registered at -1.7M, below expectations (1.4M) in March 6
2026.03.10 2026.03.10 US Dollar Soars As Middle East Conflict Send Oil Price Surging. Forecast as of 10.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Markets have long wondered how quickly the conflict in the Middle East will end. The choice of Iran’s new supreme leader suggested one thing, while Donald Trump’s words suggested another. As a result, the EUR/USD pair faced a rollercoaster ride….
Every Magnificent Seven stock is down in 2026. Microsoft has dropped 17%, Amazon is off 14%, and even NVIDIA has slipped 4.6%. Meanwhile, energy stocks are up 23% and materials have gained 18%. Money is flowing out of big tech. But next week could change the story. From March 16-19, NVIDIA hosts its GPU Technology Conference (GTC) in San…
WTI crude fell below Friday’s low and through $80 after US Energy Secretary Chris Wright indicated that the US Navy had escorted a tanker through the Strait of Hormuz. He’s now removed that post and oil is bouncing. This was the post: The now-deleted post This isn’t a good look for the Secretary and White House communications. This war…
Nomura’s Global Markets Research Team highlights that Swedish inflation has undershot consensus for four months, but renewed energy price pressures from the Iran conflict could offset this. The Riksbank is expected to keep rates unchanged through 2026, focusing on second-round effects and fragile growth, with any discussion of cuts dependent on a swift conflict resolution and clearer data. Energy…
