S&P500 Forecast: SPX rises as oil slips & investors shrug off weaker GDP data.U.S. stocks are heading for a modestly higher open, steadying after steep losses on Thursday as markets continue to assess the ongoing shutdown of the Strait of Hormuz, escalating tanker attacks, and oil trading near $100 a barrel.

Crude Oil Price Analysis – Crude Oil Continues to React to War.Crude oil continues to be very lively to say the least as the war continues to provide headline risks.

USD/JPY: Intervention risk grows – ING.USD/JPY: Intervention risk grows – ING

Germany Current Account n.s.a. climbed from previous €16.1B to €17.1B in January.Germany Current Account n.s.a. climbed from previous €16.1B to €17.1B in January

Oil News: Crude Oil Futures Ease on Russian Waiver as Hormuz Risk Tests Resistance.Crude oil futures ease after the U.S. waives Russian sanctions, but traders focus on Strait of Hormuz supply risk as prices test key resistance levels.

Canada's Unemployment Rate Rises as Labour Market Hits a Soft Oatch.Canada's economy lost 84k jobs in February (-0.4% month/month), far below consensus expectations for a 10k increase. Total employment is now essentially unchanged from September (+0.1%) having reversed most of last fall's gains.

Markets Stabilize as Oil Falls Below $100, Yen Rallies in Crosses on Intervention Threats.Market sentiment showed tentative signs of stabilization today as Brent crude slipped back below the psychological $100 per barrel level. The modest pullback in energy prices helped European equities recover from earlier losses while U.S. futures also moved back into positive territory.

EUR/USD, USD/JPY and EUR/JPY Forecasts – Euro and Yen Weak on Friday.The Euro and Yen are very noisy on Friday, as the markets are trying to see if longer-term moves are possible in a world of uncertainty.

GBP/JPY falls as weak UK GDP data weigh on the Pound.GBP/JPY falls as weak UK GDP data weigh on the Pound

US core PCE rises 0.4% mom in January as consumer spending stays strong.US inflation data for January presented a mixed picture, with price pressures remaining firm even as the headline annual pace eased slightly. The headline PCE price index rose 0.3%om, while the core measure—which excludes food and energy—increased by 0.4% min.

RBI net buys record $6.2 billion debt to shield bonds from war shockwaves.The Reserve Bank of India stepped ​up its government bond ​purchases from the secondary market to a record level ​in the week ended March 6, data showed on Friday, as the central bank tried to stabilize the market roiled by the Middle East war.

India's forex reserves fall most in over a year on central bank's rupee defence.India's foreign exchange reserves fell to $716.81 billion in the week through March 6 from $728.49 billion in the previous week, Reserve ​Bank of India data showed on Friday.

Canada jobs plunge -83.9k in February as unemployment rate climbs to 6.7%.Canada's labor market suffered a sharp setback in February, with employment plunging by -83.9k, far worse than expectations for a modest gain of around 10k. The decline marks a significant deterioration in labor conditions.

Money exits emerging market funds as Iran conflict reverberates.Flows of ​money into emerging market bond funds fell in the week to March 11, ‌while those into emerging market equity funds flattened after five straight weeks of inflows, shaken by the war in Iran, analysts said on Friday.

US GDP for Q4 (2nd revision) 0.7% vs 1.4% estimate and prior.Prior estimate 1.4% GDP 2nd estimate GDP Deflator x.x% vs 3.6% est. Core PCE The Q1 estimate for GDP from the Atlanta Fed GDP model estimates Q1 growth at 2.7% given released data.

Natural gas: LNG disruption keeps TTF elevated – Commerzbank.Natural gas: LNG disruption keeps TTF elevated – Commerzbank

UK: Growth, jobs and inflation under strain – Deutsche Bank.UK: Growth, jobs and inflation under strain – Deutsche Bank

Mexico Industrial Output (YoY) below forecasts (1.7%) in January: Actual (-1.1%).Mexico Industrial Output (YoY) below forecasts (1.7%) in January: Actual (-1.1%)

US Dollar Index climbs above 100 as Oil surge fuels inflation concerns.US Dollar Index climbs above 100 as Oil surge fuels inflation concerns

USD/JPY: Intervention talk caps gains – BNY.USD/JPY: Intervention talk caps gains – BNY

investingLive European FX news wrap: US dollar surges amid cautious mood into the weekend.It's been a pretty volatile session despite the lack of market-moving news or data releases. The main mover was the US dollar as the greenback extended the gains to a 4-month high amid the unwinding of the record bearish positioning reached in February.

USD: Data mix shapes near-term tone – TD Securities.USD: Data mix shapes near-term tone – TD Securities

India Bank Loan Growth: 14.5% (March 2) vs 13.6%.India Bank Loan Growth: 14.5% (March 2) vs 13.6%

Trump on Iran: Going to be hitting them very hard over the next week.Trump is clearly vowing to escalate the war further here which should keep the markets in defensive mode, especially heading into the weekend.

US Dollar Index (DXY) Rises Above the 100 Level.Today the US Dollar Index (DXY) climbed above the psychological 100 mark for the first time in 2026, supported by a tense fundamental backdrop, with the military conflict in the Middle East acting as the main driver.

Eurozone industrial production drops -1.5% mom as manufacturing weakness deepens.Eurozone industrial production fell sharply in January, highlighting renewed weakness in the region's manufacturing sector. Output declined by -1.5% month-on-month, well below expectations for a 0.7% increase, suggesting that industrial momentum at the start of 2026 was significantly weaker than anticipated.

Fed: Oil shock extends pause into Q3 – TD Securities.Fed: Oil shock extends pause into Q3 – TD Securities

Trump claimed Iran was "about to surrender" a day before the Supreme Leader vowed to fight.Trump reportedly told G7 leaders during a virtual summit on Wednesday that Iran was on the verge of a total military and political collapse. According to a report by Axios, which cited three officials from G7 countries briefed on the call, Trump expressed supreme confidence in the outcome of the ongoing conflict, stating that the Iranian regime was "about to surrender.

Rupee hits record low as oil risks, offshore dollar bids mount.The Indian rupee ​fell to a record low on ​Friday on concerns that the Iran war-induced surge in ​oil prices could disrupt the South Asian nation's growth-inflation dynamics and dent capital flows, with traders also pointing to elevated offshore dollar bids.

Natural Gas and Oil Forecast: $98 Breakout in Sight – Is $103 Next for WTI?.WTI eyes a $103 rally as Middle East conflict shuts the Strait of Hormuz. Will the $98 breakout trigger a massive energy surge?