Daily Market Insight

• Iran’s new supreme leader urges Hormuz to stay closed • US begins section 301 investigation into global manufacturing capacity • US treasury expands approval for Russian oil sales • US initial jobless claims slightly lower than expected • Dollar rallies to YTD high amid $100 oil and rising yields

• IEA release fails to curb oil rally as Iraq halts ports • Donald Trump says Iran war could end soon • US CPI meets expectations, overshadowed by Iran war • Thai cargo ship hit near Strait of Hormuz • Dollar strengthens on higher yields and rising oil prices

• Trump warns Iran against mining Hormuz • IEA proposes largest ever oil stockpile release • Chinese exports soared 22% before middle east war broke out • Thailand urges state agencies to work from home to save fuel • Dollar benefits from petrocurrency status as oil drives markets

• US inflation expectations steady, quits at record low in Fed survey • China CPI hits 3-year high in February on holiday boost; PPI shrinks again • Japan Q4 GDP revised higher on strong capex and private consumption • European gas surges 15% as Middle East war disrupts LNG supplies • Dollar rally; oil price jump as Iran war escalation

• US nonfarm payroll employment unexpectedly falls in February • The ECB key rate is still in a good place, but war increases upside inflation risks; the official said • UK house prices reach new high in February as market shows resilience • Oil prices hit $100 as Middle East supply fears persist • Dollar set for steepest weekly gain in a year as Iran crisis boosts haven demand

• Middle East conflict shows no sign of easing • Initial jobless claims hold steady • ECB minutes suggest rates may stay higher for longer • China tells top refiners to halt diesel and gasoline exports • Thailand inflation remains subdued despite expected oil-driven pickup • Dollar gains on haven demand as yields rise with surging oil

• Middle East conflict shows no sign of easing • Bessent signals tariffs will rise from 10% to 15% this week • US economic data beat market expectations • China signals acceptance of slower growth with 4.5%–5% 2026 target • Dollar pares haven bid amid improved risk sentiment

• Trump says US to provide insurance, military escorts in Strait of Hormuz • US ISM manufacturing rises, input costs soar before Iran attack • Eurozone inflation unexpectedly hits 1.9% in February • NESDC warns Middle East conflict could cut Thailand’s 2026 growth to 1.3% • Dollar firms as Middle East conflict escalates

• Iran’s supreme leader killed in major attack by US and Israel after failing the nuclear talk • US PPI increase strongly in January • Germany’s inflation eased, preliminary shows • OPEC+ raise oil output slightly on Iran disrupt shipments • Thailand banned all petroleum product exports as the closure of the Strait of Hormuz • Dollar gains as Iran war lifts energy prices

• US and Iran agree to extend nuclear talks • US jobless claims edged higher to 212,000 in holiday week • Tokyo CPI cools below BOJ’s target for first time since 2024 • Thai MPI beats expectations on auto and electronics strength • Dollar firms on wave of risk-off developments