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Japan’s Stagflation Risk Mounts With $100 Oil and Sagging Yen

Japan’s Stagflation Risk Mounts With $100 Oil and Sagging Yen

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(Bloomberg) — The surge in oil prices combined with a sagging yen raises the risk that Japan will slide into stagflation, prompting the government to ramp up fiscal spending while complicating the central bank’s mission to normalize its policy settings. Read More

KKR explores multibillion-dollar sale of data centre cooling firm CoolIT – FT

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South Korean Stocks Slide as Oil Spike on Iran War Hurts Outlook

South Korean Stocks Slide as Oil Spike on Iran War Hurts Outlook

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(Bloomberg) — South Korean equities fell as escalating Middle East tensions and rising oil prices prompted investors to further reduce risk exposure. Read More

Dollar Rises on Haven Bid, Oil as Iran War Rips Across Markets

Dollar Rises on Haven Bid, Oil as Iran War Rips Across Markets

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(Bloomberg) — The dollar strengthened against all of its major peers as a deepening war in the Middle East pushed oil prices above $100 per barrel and boosted demand for havens.  Read More

Oil Tops $100, Stocks Drop as Iran War Escalates: Markets Wrap

Oil Tops $100, Stocks Drop as Iran War Escalates: Markets Wrap

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(Bloomberg) — Crude oil climbed above $100 a barrel for the first time since 2022 and stocks retreated as escalating hostilities in the Middle East and mounting strain on oil shipping and infrastructure have investors bracing for fresh turbulence. The dollar advanced. Read More

Gold Extends Drop as Oil Surge Stokes Fears of Faster Inflation

Gold Extends Drop as Oil Surge Stokes Fears of Faster Inflation

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(Bloomberg) — Gold fell, pressured by a stronger US dollar and inflationary risks, as the war in the Middle East extended into a second week and oil surged above $100 a barrel. Read More

Starmer Pledges Support for UK Households as Oil Hits $100

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(Bloomberg) — UK Prime Minister Keir Starmer raised the prospect of intervening to help households with soaring energy bills as oil prices hit $100-a-barrel for the first time since 2022, with little sign that the war in Iran is nearing resolution. Read More

Oil Tops $110 as Iran War Forces More Gulf Giants to Cut Output

Oil Tops $110 as Iran War Forces More Gulf Giants to Cut Output

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(Bloomberg) — Oil spiked above $110 a barrel as more major producers curbed production, a crucial waterway remained all but closed and the US threatened to deepen a conflict that has upended energy markets. Read More

KKR eyes multibillion-dollar sale of CoolIT Systems, FT reports

KKR eyes multibillion-dollar sale of CoolIT Systems, FT reports

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Bond Traders Await US Inflation Data With Oil Rise in Focus

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(Bloomberg) — Bond investors are looking ahead to a series of inflation reports, including the consumer price index for February, at a moment when surging oil prices are largely dictating flows in the $31 trillion Treasury market. Read More

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US Weekly Highlight

Tuesday Mar 10:
Existing Home Sales – Feb

Wednesday Mar 11:
Core CPI – Feb
CPI – Feb

Thursday Mar 12:
Building Permits – Jan
Housing Starts– Dec

Friday Mar 13:
Core PCE Price Index – Jan
PCE Price Index – Jan
GDP -Q4 – Second Estimate
Michigan Consumer Sentiment – Mar
JOLTS Job Openings – Jan

Canada Weekly Highlight

Thursday Mar 12:
Building Permits – Jan
Trade Balance – Jan
Wholesale Sales – Jan

Friday Mar 13:
Unemployment Rate – Feb
Employment Change – Feb

Rest of the world Weekly Highlight

Friday Mar 13:
UK – GDP – Jan

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