Market Overview - The Dow Jones Industrial Average fell nearly 300 points, with Sherwin Williams and Home Depot being the worst performers, while the S&P 500 remained mostly flat [1] - The NASDAQ managed to finish slightly in the green, driven by a 5% increase in oil prices due to ongoing threats to tankers in the Strait of Hormuz, despite a release of reserves from IEA countries [1] Corporate Developments - Caesars Entertainment's shares surged following reports that Tilman Fertitta is in talks to acquire the company for $7 billion, approximately $34 per share, which is higher than a recent bid from Carl Icahn [2] Interest Rates and Inflation - Investors are adjusting their outlook for Federal Reserve rate cuts this year, now predicting only about 30 basis points of cuts due to rising oil prices, which are expected to lead to higher inflation and potentially slower growth [3][4] - The rise in bond yields globally is contributing to the market's shift in expectations regarding rate cuts [3][4] Bond Market Insights - The U.S. bond market is experiencing a rise in yields, interpreted as a global inflation shock, with concerns that high oil prices could act as a drag on economic growth [5][6] - There is a belief that the Federal Reserve will still likely cut rates later this year, despite current inflationary pressures [6][14] - Recent corporate investment-grade bond issuance has been strong, with high demand and oversubscription for quality companies, indicating healthy credit market conditions [10][12] Sector Analysis - The hyperscaler sector, particularly those related to AI, is viewed positively due to lower debt levels, suggesting potential investment opportunities [11][12] - The market is advised to be cautious and selective in credit investments, focusing on borrower quality and covenant details [13]

Jefferies to Release its First Quarter Financial Results on March 25, 2026Mar 11, 2026 4:15 PM Eastern Daylight Time# Jefferies to Release its First Quarter Financial Results on March 25, 2026Share---NEW YORK- -(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) today announced it will release its first quarter financial results on Wednesday, March 25, 2026 after market close.About JefferiesJefferies (NYSE: JEF) is one of the world's leading full-service investment banking and capital markets firms. ...

My next guest says there is some reason for concern here. Let's bring in Brent Beardall. He's the CEO of WFED Bank.Welcome to you and tell you at the RBC Financial Services conference yesterday. Was there a lot of talk about private credit. >> There was a lot of talk about private credit.And the reality is in the whole banking sector, we talk about cycles. There's credit cycles and it's really been 15 years since we've seen a credit cycle. And a number of the investors I was talking with said literally I ha ...

Key insight: Global Payments CEO Cameron Bready said the Iran war could create economic pressure due to the company's work with airlines in the Middle East. What's at stake: The war in Iran could boost inflation, which could put pressure on consumers and reduce spending and payment volume. Expert quote: "I would prefer that not to be happening for a variety of reasons," Bready said. President Donald Trump's war against Iran is starting to reverberate across the financial services and payments industries, wi ...

The conflict has already rattled global markets. Oil prices have surged amid fears that the war could shut down major pipelines, refineries and export terminals across the Middle East.“This will bring down the economies of the world,” he warned. “If this war continues for a few weeks, GDP growth around the world will be impacted. Everybody’s energy price is going to go higher. There will be shortages of some products and there will be a chain reaction of factories that cannot supply.”And energy markets are ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Italian state lender Cassa Depositi e Prestiti has filed a lawsuit against pan-European exchange operator Euronext in an Amsterdam court for opposing the search for a new chief executive to lead the... ...

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Core Insights - AUDD is a stablecoin backed 1:1 by Australian dollars held in segregated trust accounts at tier-one Australian banks, with independent third-party audits verifying its backing [1] - AUDC has participated in government-led pilots with the Reserve Bank of Australia to explore digital money in payment systems [2] - AUDD launched on the Stellar blockchain in November 2022 and expanded to the XRP Ledger in June 2023, processing over $1.4 billion in transaction volume by January 2026 [3] Regulatory Framework - AUDC holds an ASIC AFSL license, allowing it to provide non-cash payment facilities, thus enabling banks and businesses in Australia to use AUDD within a clear legal framework [4] - The authorization of AUDD as a regulated payment instrument on the XRP Ledger legitimizes XRPL as a payment infrastructure under Australian law [5][7] Market Dynamics - Despite multiple institutional deals announced by Ripple in February 2026, XRP price has not reacted positively, dropping 44% from its January peak of $2.42 to around $1.35 [6][9] - The integration of AUDD into the XRP Ledger is significant as it introduces regulated on-chain volume, which has been missing from previous Ripple partnerships [11] Comparison with Other Integrations - Unlike other Ripple partnerships that rely on enterprise software, AUDD's transactions occur directly on the blockchain, potentially creating a different demand dynamic for XRP [10][14] - Institutions using AUDD will settle in Australian dollars, which may limit direct demand for XRP despite the increased on-chain activity [13] Future Implications - The introduction of AUDD could facilitate the scaling of Ripple's On-Demand Liquidity (ODL) product, which uses XRP as a bridge currency [15] - The success of AUDD in generating meaningful XRP demand will depend on whether Australian banks integrate it into their payment systems and how quickly ODL scales [17]

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Death from dementia on the rise among people with type 2 diabetes March 11, 202611:28 AM UTCUpdated ago By Nancy Lapid A Type 2 diabetes patient gives himself an insulin shot in Glenarden, Maryland, U.S., July 15, 2021. Picture taken July 15, 2021. REUTERS/Hannah Beier Purchase Licensing Rights, opens new tab March 11 (Reuters) - (This is an excerpt of the Health Rounds newsletter, where we pr ...