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Saudi Arabia's East-West oil pipeline bypassing the Strait of Hormuz is now pumping at full capacity of 7 million barrels per day.
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๐ฆ๐ช๐ฎ๐ท UAE's largest non-oil company Emirates Global Aluminium says smelter site damaged in Iranian attack.
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๐บ๐ฆ Ukraine risks 'running out of money to pay for its defense against Russia within two months' due to threats to assistance from its key donors.
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๐จ Several AI models have begun misbehaving, disobeying direct commands from humans, and bypassing safeguards.
According to the U.K AI Security Institute, AI misbehavior has increased by 500% from October 2025 to March 2026.
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UAE seizes $530 billion in Iranian assets, revokes all residency permits including Golden visas despite promises of '99-year residency'.
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Turkey sold 58 tons of gold in just two weeks, more than all gold ETFs combined over the same period.
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๐น๐ผ Taiwan central bank head warns that gold prices are too high.
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โฝ๏ธ Odds of crude oil hitting $130 per barrel surge to 57%
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The week is centered around US labor and consumer data. At the same time, the main driver remains the Iran conflict, now in its fourth week.
Oil prices are already pushing higher and feeding into inflation and sentiment, which puts the Fed in a difficult position between rising prices and slowing growth
โ Chair Powell Speaks
Markets will watch for any shift in tone. With oil rising and uncertainty elevated, Powellโs comments on inflation and policy path can move rates and the dollar.
โ March Consumer Confidence
โ February JOLTS Job Openings
Confidence reflects how consumers react to higher energy prices. JOLTS shows labor demand. Together they give a read on whether the economy is holding up or starting to slow.
โ March ADP Nonfarm Employment
โ March Retail Sales
ADP gives an early signal ahead of the official jobs report. Retail sales show real consumer spending, which is key as higher fuel costs start to pressure demand.
โ Initial Jobless Claims
A fresh read on the labor market. Rising claims point to cooling conditions, while stable data supports continued strength in employment.
โ March Jobs Report
The main macro release of the week. This will confirm whether the labor market is weakening or still holding. It directly impacts Fed expectations and market direction.
Main focus
Fridayโs jobs report and Iran headlines, with oil driving the macro backdrop.
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Zelensky offers Russia energy ceasefire to help ease Iran war oil crisis
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