Dealing With MidEast War Uncertainty and Digesting Purchasing Managers Survey, Japanese Tankan and U.S. Data Releases April 1, 2026 President Trump’s forever-shifting latest comments on the Middle East war project another likely 2-3 weeks to the conflict. Opening the Strait of Hormuz in such a way that shipping flow is secure and at a normal…
March and First Quarter 2026 in Figures March 31, 2026 March was dominated by wild daily and intra-daily swings in financial vital signs as sentiment about the outcome and duration of the Middle Eastern war swung with each news flash, and investors tried to figure out the implications for the path of energy prices, general…
Despite A Difficult March and Conflicting War News, Financial Markets Ending Month on Up-Note March 31, 2026 Equity markets in the Pacific Rim, a region particularly dependent on Middle Eastern energy, plunged in March by 14.4% in Indonesia, 11.8% in South Korea, 11.5% in India, 11.2% in Japan, 10.4% in Taiwan, 7.8% in Australia, 6.5%…
Huge Shift Between Sunday Night and Monday Morn March 30, 2026 Financial news headlines on Sunday evening (when news feeds were reporting 4% plus plunges in Japanese and South Korean share price value, yen depreciation through 160/$ to 160.47, and further sharp jumps in 10-year sovereign debt yields) had pointed to a grim Monday session…
Next Week’s Menu: March 28-April 3, 2026 March 27, 2026 Central Banks: Monetary stances will be reviewed in Israel, Colombia and Jamaica. Minutes from the last Reserve Bank of Australia policy review and a summary of the last Bank of Japan Board meeting get published. Goolsbee, Williams and Musalem of the Fed, Swiss National Bank…
Extended Equity and Bond Market Damage from the Middle Eastern War March 27, 2026 Ten-year sovereign debt yields are winding up the final full week of March near their highest levels of the 21st century in Japan and 15-18 year peaks in Germany, France and the United Kingdom. Just today has seen the yields advance…
Bank of Mexico Resumes Interest Rate-Cutting Cycle March 26, 2026 After holding it overnight interbank interest rate at 11.25% for the twelve months ending in March 2024, Bank of Mexico policymakers cut such by 125 basis points during the balance of 2024 and by a further 300 bps last year, reaching 7.0% after their final…
Renewed Move Out of Riskier Assets on Mideast Conflict Fears March 26, 2026 The Middle Eastern war may be about to become much fiercer. President Trump’s plea for Iran to accept a deal continues to be rebuffed, and the red-line demands of each side are miles apart. Meanwhile, Israel claims to have killed another top…
Markets Cheered by News of 15-Point U.S. Peace Plan to End Middle East War March 25, 2026 So far, Iran shows little sign of deescalating, and the all-import Strait of Hormuz remains effectively shut to shipping traffic. Nevertheless, as of 08:15 EDT, the dollar had risen overnight by 0.5% against the Australian dollar, 0.3% relative…
Imminent Risks March 24, 2026 Justification for the joint U.S. and Israeli war against Iran and the choice of February 28th for the start of their attack, a stage that involved leadership replacement by assassination of high Iranian officials, rested in large part on the assertion that Iran, which has perennially sponsored terrorism in the…