March 12, 2026
US consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices rose moderately in February as rents maintained a steady pace of increases, though households paid more for gasoline and at the supermarket, and higher costs are in store because of the escalating war in the Middle East.
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March 12, 2026
Sterling firms up with traders split over oil risks
The British pound inched higher, in a choppy session that saw traders weighing fears of an oil supply shock from the Middle East conflict against reports of potential reserve releases. A hike in energy prices has stirred concern over import-reliant economies such as Britain’s.
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March 11, 2026
Money markets show foreign demand for dollars at strongest since April 2025
Money markets started to show signs of strain from this week’s extreme volatility. Three-month cross-currency basis swaps for the euro hit their lowest since last April. The lower the number, the greater the demand among investors to hold dollars rather than euros.
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March 11, 2026
Oil dives after Trump predicts Middle East de-escalation
Oil prices plunged by more than 11%, the steepest percentage drop of any session since 2022, a day after U.S. President Donald Trump predicted a quick end to the war with Iran that has disrupted global crude flows.
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March 11, 2026
Elon Musk’s SpaceX weighs Nasdaq listing after seeking early index entry
Elon Musk’s rocket and satellite maker SpaceX is leaning toward listing its shares on the Nasdaq for what could rank as the biggest initial public offering of all time. SpaceX wants early inclusion on the Nasdaq 100 index , making it a necessary condition for a potential listing on the tech-heavy exchange.
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March 10, 2026
Gold slips on higher rate expectations
Gold fell more than 1%, pressured by a stronger dollar and expectations of higher interest rates as the Middle East conflict fuelled inflation concerns. U.S. gold futures for April delivery settled 1.1% lower.
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