Iran War Sends Prices in Next Door Turkmenistan Soaring
The Iran‑Israel war has triggered Tehran to ban all goods and agricultural exports, instantly inflating prices in neighboring Turkmenistan. Mandarins, apples and cigarettes have roughly doubled, squeezing pensioners and low‑income consumers. Central Asian economies, which depend on Iranian transit corridors for food, fuel and manufactured goods, now face supply shortages and higher logistics costs. Traders warn that prolonged disruption could lead to job losses and broader food‑security concerns across the region.
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Powell Industries, Inc. announced a 3‑for‑1 stock split effective April 6, 2026, with a record date of March 20, 2026 and payable date of April 2, 2026. The split will triple the number of outstanding shares while reducing the share price to roughly one‑third. OCC will...
Bloomberg BFIX to Integrate Euronext FX Spot and Precious Metals Transaction Data
Bloomberg Index Services announced that its Bloomberg FX Fixings (BFIX) benchmark will incorporate transaction data from Euronext FX’s spot foreign‑exchange and precious‑metals markets. The addition expands BFIX’s data pool, aiming to enhance the benchmark’s robustness, transparency, and representativeness across global currency...
Market Sentiment Improves Further on Saudi Oil Rerouting, Dollar Stays Soft
Global markets rallied as Saudi Aramco activated the East‑West pipeline, restoring roughly 70% of its crude exports—about 5 million barrels per day—despite Gulf shipping disruptions. The move eased fears of a major oil supply shock, keeping WTI near $90 and lifting...
Tin Market Volatility Intensifies as Global Demand for Strategic Metals Grows
Tin prices surged to a projected $54,925 per ton for the week of March 9‑14 2026, according to the DRC’s National Market Commission, while Boursorama data on March 10 showed a daily dip to $48,275 per ton, underscoring sharp volatility. The metal’s small...
The USD Is Little Changed vs the Major Currency Pairs After the Ups and Downs Yesterday
The U.S. dollar showed little movement against the euro and yen while slipping slightly versus the pound after yesterday's volatility. Crude oil traded above the $90 psychological barrier, signaling continued bullish pressure. U.S. Treasury yields edged lower, with the 2‑year...
Tickblaze Announces CME Futures Market Data Distribution Partnership
Tickblaze announced a partnership to embed CME Group futures market data into its trading platform, delivering both Level 1 top‑of‑book pricing and Level 2 depth‑of‑market information. The integration supplies real‑time, exchange‑sourced data directly to traders while Tickblaze manages entitlement, reporting and compliance...
UAE Homebuilders to Prioritise Cash Conservation After Geopolitical Shock, Fitch Warns
Fitch Ratings warned that UAE homebuilders will shift focus to cash conservation after the regional conflict, as property viewings have already declined. The agency noted that pre‑sale escrow accounts provide short‑term stability for projects already under construction, but future developments...
India's 20 Years of GDP Misestimation: New Evidence
A new working paper reveals that India’s GDP figures have been systematically misestimated over the past two decades. Growth from 2005 to 2011 was likely understated by roughly 1–1.5 percentage points, while the 2012‑2023 period appears overstated by about 1.5‑2...
AI, India, and the Future of Service-Led Growth
Raghuram Rajan argues that India’s service‑led growth model—built on software, consulting and urban services—remains resilient despite AI’s rise. He explains how services have become embedded in tradable goods, turning back‑office functions into Global Capability Centres that command a strong cost...
Oil Surged Past $100 Before Coming Back to Earth. Wall Street Is Bracing for What Comes Next.
Oil prices surged past the $100‑a‑barrel benchmark over the weekend as tensions escalated in Iran, prompting panic across markets. G7 nations quickly pledged to tap strategic reserves and President Trump’s reassurance helped pull prices back, allowing major indexes to close...
VW to Cut 50,000 Jobs by 2030 Amid Trump Tariffs and Falling Chinese Sales
Volkswagen announced a plan to eliminate 50,000 jobs across its German operations by 2030, adding to a prior agreement to cut 35,000 positions through attrition. The move follows a 54% plunge in pre‑tax profit to €8.9 bn, driven largely by U.S....
Liverpool Launches £2bn Investment Fund to Boost Housing and Regeneration
The Liverpool City Region has unveiled a £2 bn Investment Fund designed to accelerate housing construction, office and lab development, and transport upgrades. The fund aggregates existing and new public capital to support a £2 bn pipeline of up to 64,000 homes...
Florida’s C-PACE Program Is a Game Changer for Hotel Owners
Florida’s commercial‑property‑assessed‑clean‑energy (C‑PACE) program has shifted from a niche financing tool to a core capital solution for hotel owners. Legislative changes, notably Senate Bill 770, broadened eligible resiliency upgrades, and the state eliminated the 3.5‑year lookback, allowing retroactive financing on...
TD Cowen Downgrades Novo Nordisk on Concerns over Semaglutide Patent Loss, Pipeline Outlook
TD Cowen downgraded Novo Nordisk to hold and trimmed its price target to $42, citing an imminent loss of semaglutide exclusivity and a lackluster pipeline. The analyst highlighted that the semaglutide patent expires in several key markets this month, opening the...
LME to Proceed with Move From American-Style to European-Style Metal Options
The London Metal Exchange (LME) announced it will replace American‑style metal options with European‑style contracts after a consultation that garnered strong support. Respondents highlighted that early exercise is uncommon and that the change would streamline the expiry process. LME Clear’s...
Oregon Man Won $5K a Week for Life From PCH — They Went Bankrupt and His Income Vanished. How to...
John Wyllie, a 61‑year‑old Oregon resident, won a $5,000‑per‑week lifetime annuity from Publishers Clearing House in 2012, receiving $260,000 annually. In 2025 PCH filed for bankruptcy, abruptly stopping the payments and leaving Wyllie and at least nine other winners unpaid....
Market Spinning After 'Most Epic Price Reversal in Oil History'
Oil prices surged past $100 per barrel before reversing sharply, marking what analysts call the most epic price reversal in oil history. The swing was driven by mixed signals about the U.S.–Iran conflict, including President Trump's comments and hopes of...
KB Asset Management Launches RISE China AI Semiconductor Top 4 Plus ETF
KB Asset Management and Solactive have launched the RISE China AI Semiconductor Top 4 Plus ETF, which tracks the Solactive China AI Semiconductor Top 4 Plus Index. The index selects 15 Chinese companies listed in Hong Kong or via Stock...
This Cybersecurity Stock Is Positioned to Capitalize on AI Tailwinds, Says Morgan Stanley
Morgan Stanley upgraded CrowdStrike (CRWD) to overweight, raising its price target to $510, implying roughly 17% upside. Analyst Meta Marshall highlighted the company’s AI‑driven platform advantage and the rapid expansion of its Falcon Flex subscription model, which grew 120% year‑over‑year in...
Denis Beau: Economic Developments in France and the Euro Area
Denis Beau highlighted that France and the euro area have remained surprisingly resilient despite a cascade of shocks, including the Covid‑19 pandemic, the war in Ukraine, and heightened trade tensions. Inflation has dropped sharply, reaching 1.7 % in January and nearing...
Michele Bullock: Listening to Australians, Interpreting the Data and Setting Monetary Policy
Michele Bullock, the Reserve Bank of Australia governor, outlined why the Board unanimously raised the cash rate in February. She highlighted that inflationary pressures have intensified since mid‑2022, driven by capacity constraints and a still‑tight labour market. Underlying price growth...
Sarah Hunter: Recent Refinements to the Dual Mandate and Navigating Back to Target
Sarah Hunter, speaking at a Norway conference, outlined the outcomes of the 2022‑23 Reserve Bank of Australia (RBA) review and the subsequent refinements to its dual mandate. The review praised three decades of strong economic performance under flexible inflation targeting...
Hines, Burstone Form Pan-European Light Industrial Joint Venture
Hines and Burstone have announced a pan‑European joint venture focused on light‑industrial properties. The partnership is seeded with six existing assets located in Germany and the Netherlands. The new entity aims to capitalize on the accelerating demand for logistics and...
TransUnion Investor Day to Highlight Its Next Chapter of Growth - Innovation at Scale, Value that Endures
TransUnion hosted its 2026 Investor Day, unveiling an AI‑driven OneTru™ platform and reaffirming a medium‑term financial framework aimed at high‑single‑digit organic revenue growth. The company highlighted 50 basis‑point annual Adjusted EBITDA margin expansion and free‑cash‑flow conversion above 90%. It also...
Africa’s Hotel Development Pipeline Hits Record High as East Africa Leads in Construction Momentum
The 2026 Hotel Chain Development Pipelines report from W Hospitality Group shows a record 123,846 rooms across 675 hotels and resorts, an 18.6% year‑on‑year increase. Egypt dominates the continent with 45,984 rooms in 185 properties, accounting for over one‑third of...
Why Strategy Inc (MSTR) Is One of the Best Stocks That Will Make You Rich in 10 Years
Clear Street trimmed its price target for Strategy Inc. (MSTR) to $198 from $268, citing persistently lower Bitcoin prices and more conservative yield assumptions, but kept a Buy rating. The firm highlighted MSTR’s position as the best‑capitalized issuer in the...
UBS AM Lists New Sustainable Corporate Bond ETF on LSE
UBS Asset Management has listed the UBS BBG MSCI Global Liquid Corp Sustainable UCITS ETF on the London Stock Exchange. The fund tracks the Bloomberg MSCI Global Liquid Corporates Sustainable Bond Index, which excludes the lowest‑rated 20% of securities on...
'Quality' Coal Rallies as LNG Spikes
LNG spot prices in Asia surged to a two‑year high of $22.50 per mmBtu after strikes closed the Strait of Hormuz, cutting Qatar’s supply. The spike lifted high‑quality 6,000 kcal/kg thermal coal to $129.62 a ton, a 14‑month peak, while European...
Iran War Could Knock UK Homebuyer Confidence, Says Builder Persimmon
Persimmon warned that the escalating conflict with Iran could erode UK home‑buyer confidence, adding pressure to an already fragile mortgage market. The builder still expects to complete 12,000‑12,500 homes in 2026, a modest rise on 2025, and reported a 9%...
Ryozo Himino: Japan's Economy and Monetary Policy
Ryozo Himino delivered a speech in Wakayama outlining Japan’s macro‑economic landscape through a detailed AD‑AS diagram. He organized endogenous variables in a circular layout, positioning stable exogenous factors at the core and short‑lived variables on the periphery. The presentation linked...
National Grid: Raising Economic Moat Rating to Narrow and Fair Value Estimate
Morningstar raised National Grid’s economic moat rating to Narrow and lifted its fair‑value estimate by 19% to GBX 1,440. The utility accepted the final RIIO‑T3 2026‑31 regulatory determination and extended its business plan to 2031, keeping 10% asset‑growth guidance while boosting...
Obsessed With Rate Moves? This Financial CEO Explains How to Focus Less on the Fed
A financial‑services CEO urges Americans to stop chasing Fed rate forecasts and instead build cash plans anchored in current needs. He argues that despite rates stabilizing, lingering fear from the 2025 surge is causing delays in home purchases, borrowing and...
Chiara Scotti: Programme for Strengthening the Central Bank Capacities in the Western Balkans with a View to the Integration to...
The European System of Central Banks has launched Phase III of an EU‑financed technical cooperation programme to strengthen central bank capacities in the Western Balkans. Hosted by Banca d’Italia, the initiative builds on two successful phases that delivered training, internships and...
Robinhood Bids to Become Super App for Family Finance
Robinhood announced a family‑focused suite of products designed to become a financial superapp for households. The upcoming Family Hub will let users group accounts by family member, customize views, and assign granular permissions, while custodial accounts let parents invest for...
William Lauder Sells Park Avenue Co-Op in Robust Week for Luxury Deals
Luxury co‑ops on Manhattan’s Upper East Side saw a record‑breaking week, with 15 units priced above $4 million sold—the most in five years. Olshan Realty reported 43 contracts for properties over $4 million between March 2‑8, totaling $421.5 million, up from 32 deals the...
Billionaire Philippe Laffont Dumped His Fund's Stake in Nvidia-Backed CoreWeave and Boosted His Position in Wall Street's Hottest Stock-Split Stock...
The latest Form 13F filing from Coatue Management highlighted a dramatic portfolio reshuffle by founder Philippe Laffont. In the fourth quarter the fund liquidated its entire CoreWeave position—more than 6.7 million shares worth roughly $920 million—after the AI‑focused data‑center company more than doubled...
How Income Investors Can Avoid Dividend Traps in 2026
Equity‑income yields have slipped to historic lows, with the Morningstar US Market Index delivering under 1.2% in Q1 2026 and the global ex‑US index at just 2.6%. The article warns that chasing high‑yield stocks often leads investors into financially stressed companies,...
Asia’s Fuel Crunch Forces Four-Day Weeks and School Closures
Asian nations are tightening fuel policies as the Middle East war curtails global oil supplies. Vietnam responded by lowering import tariffs on select petroleum products and mandating that uncommitted oil be sold to domestic refineries. The civil aviation authority warned...
Seven Developments Shaping US Treasury Clearing
The SEC’s upcoming Treasury clearing mandate is set to make central clearing mandatory for U.S. Treasury securities, prompting firms to re‑engineer trading, risk, and operational frameworks. The Fixed Income Clearing Corporation (FICC) is responding with seven new initiatives, including expanded...
GAM’s Markham Questions How Long Relief Rally Will Last
GAM's head of global equities, Paul Markham, cautioned that the recent market relief rally is unlikely to endure. He expects investors to stay wary despite the bounce, citing potential volatility from ongoing geopolitical tensions. Markham is keeping his current stance—long...
Hilco Expands Into Medium-Term Lending Market
Hilco has announced its entry into the medium‑term commercial real‑estate lending market, targeting loans with maturities of three to five years. The move is designed to capture growing investor demand for longer‑duration property financing that bridges the gap between short‑term...
Govt Eases FDI Norms for China, Other Countries Sharing Land Border with India: Sources
India has amended Press Note 3, easing foreign‑investment rules for all nations sharing a land border, including China. The change removes the mandatory pre‑approval requirement for investments from companies with shareholders in these countries, though approval remains required for any sector....
Fuel Prices Today: Check Petrol, Diesel Rates City-Wise
Crude‑oil futures plunged on March 10 after U.S. President Donald Trump signalled an end to the West Asia conflict, sending Brent down 5.15% to $93.86 and WTI 5.24% to $89.80 per barrel. Despite the sharp global sell‑off, retail fuel prices across...
China’s Energy Defences Ease Sting of Iran War Instability
China is strengthening its energy security framework to offset volatility caused by the Iran‑related conflict. The government has expanded strategic petroleum reserves, accelerated domestic renewable projects, and secured new long‑term contracts with alternative suppliers. These moves aim to insulate the...
Hormuz Closure Sends Bunker Prices to Record Levels
The closure of the Strait of Hormuz amid the Iran‑US/Israeli conflict has driven bunker fuel prices to record highs, with IFO 380 averaging $841.50 per tonne globally and Singapore reaching $1,073. At least 20% of the world’s HSFO exports are now...
BofA Lifts PT on Union Pacific Corporation (UNP) to $297 From $266
Bank of America raised its price target for Union Pacific (UNP) to $297 from $266, reaffirming a Buy rating, while Jefferies lifted its target to $300 from $285, also maintaining a Buy. Both firms cite the railroad’s strong operating performance...
Tigress Financial Lifts PT on McDonald’s Corporation (MCD) to $385 From $360 – Here’s Why
On March 6, Tigress Financial raised its 12‑month price target for McDonald’s Corp. (NYSE:MCD) from $360 to $385 while maintaining a Buy rating. The upgrade cites the fast‑food giant’s powerful global brand, AI‑driven operational efficiencies, rapid unit expansion, and asset‑light franchise...
Why Should You Buy Stocks Even when World War III Breaks Out? Warren Buffett Explains
Warren Buffett warned that even a full‑scale World War would not deter him from buying stocks, arguing that cash erodes in value during large‑scale conflicts. The current US‑Iran tension has pushed the Dow and India’s Nifty down about 4%, reviving...
Ardian, ADIA Agree to Launch Real Estate Secondaries Platform
Ardian and the Abu Dhabi Investment Authority (ADIA) have signed an agreement to launch a dedicated real‑estate secondaries platform. The initiative arrives as the global real‑estate secondaries market recorded a record $20 billion in transaction volume for 2025. The platform will...