Live Updates

11

Mar 2026
MUFG’s Derek Halpenny says IEA plans releasing 300–400 million barrels, easing supply pressures for weeks

IEA proposes releasing 300–400 million barrels, covering Hormuz disruption, amid rising prices and G7 talks.

11

Mar 2026
In January, Brazil’s monthly retail sales rose 0.4%, surpassing economists’ forecast of a 0.1% decline

Brazil retail sales rose 0.4% in January, beating forecasts of -0.1% and signalling stronger activity.

11

Mar 2026
Nomura raises eurozone HICP forecasts; Iran conflict-led energy costs may prompt ECB action, with above-target 2026 inflation

Nomura raises Eurozone HICP outlook on higher energy assumptions; sees above-target inflation in early 2026.

11

Mar 2026
WTI falls as Japan and Germany release oil reserves ahead of an IEA emergency stock decision

IEA weighs emergency oil release; Japan and Germany plan reserve drawdowns, pushing WTI crude prices lower.

11

Mar 2026
BBH’s Elias Haddad expects US markets to shrug off February CPI, with annual headline, core, and super-core steady

US February CPI due 12:30pm London; inflation steady expected, but energy pressures may complicate Fed cuts, stagflation risk.

11

Mar 2026
US MBA mortgage applications rose 3.2%, easing from the previous 11% increase, latest reported figures

US MBA mortgage applications rose 3.2% in week to March 6, slowing from prior week’s 11% jump.

11

Mar 2026
WTI trades near $86.30, rising 1.20%, as Middle East tensions prompt G7 and IEA reserve talks

WTI rose to $86.30 as Middle East tensions grew; G7 and IEA weighed coordinated strategic oil releases.

11

Mar 2026
UBS’s Paul Donovan says February US CPI still matters; underlying inflation looks benign; Fed should heed broad rises

February US CPI predates volatility; Fed watches benign inflation, while consumers feel petrol and grocery price pressures.

11

Mar 2026
Deutsche Bank sees Brent reversing sharply, sliding 11% amid Iran optimism, Aramco news, US remarks, IEA talks

Brent crude plunged 11% as Iran supply fears eased; Aramco boosted flows, IEA reserve release considered.

11

Mar 2026
Gold falls beneath $5,200 to a fresh session low as traders await US CPI data

Gold slid under $5,200 as dollar firmed; oil retreated; traders await US CPI amid Middle East risks.

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