Global Markets Braced for Inflation as Iran Conflict Escalates; Kraken Shelves IPO Plans
Stock Market News·2026-03-18 15:38
Key TakeawaysKraken halts its multibillion-dollar IPO citing "difficult market conditions," reflecting a cooling sentiment in the crypto-equity space.Japan pledges $63 billion for a second phase of U.S. investments, targeting next-generation nuclear reactors and gas-fired power generation.Bank of Canada (BoC) Governor Tiff Macklem warns that interest rates could rise if energy prices from the Iran conflict trigger persistent inflation.U.S. Cushing crude oil stockpiles have surged to their highest levels sin ...