Group 1 - Goldman Sachs raised its Q4 2026 Brent and WTI crude oil price forecasts to $71 and $67 per barrel, respectively, from $66 and $62, due to anticipated longer disruptions in oil flows through the Strait of Hormuz caused by the U.S.-Israeli conflict with Iran [1] - Brent prices have increased over 36% and WTI prices have risen about 39% since the onset of the war on February 28, with both benchmarks briefly exceeding $119, marking their highest levels since mid-2022 [2] - Goldman Sachs now expects 21 days of low oil flows through the Strait of Hormuz at 10% of normal levels, followed by a 30-day gradual recovery, an adjustment from their previous estimate of a 10-day disruption [3] Group 2 - Goldman incorporated a larger policy response in its models, estimating that 254 million barrels from global strategic petroleum reserve releases and 31 million barrels of Russian crude draws would mitigate the impact on global commercial oil inventories by nearly 50% [4] - The International Energy Agency (IEA) has agreed to release a record 400 million barrels of oil from strategic stockpiles to address the surge in global crude prices since the war began, with the U.S. contributing the majority of this supply [4] - In Goldman’s base case scenario, it is assumed that IEA member states will not fully release the 400 million barrels available due to logistical limits on draws from the OECD strategic petroleum reserve [5]

Key TakeawaysOil prices face extreme volatility as Commonwealth Bank of Australia (CBA) warns Brent crude could surge to $150 per barrel if regional disruptions in the Middle East are prolonged.The US military reports Iran has deployed approximately 10 naval mines in the Strait of Hormuz, significantly threatening global energy transit after two tankers were attacked in Iraqi waters.The financial cost of the conflict is mounting rapidly, with the Pentagon reporting that the first week of hostilities has exc ...

Morgan Stanley restricts redemptions at private credit fund after withdrawals surge | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivMorgan Stanley logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tabMarch 11 (Reuters) - Wall Street banking giant Morgan Stanley (MS.N), opens new tab has limited redemptions at one of its private credit funds after ...

India neobank Fi winds down banking services on its platform https://t.co/O7iZz99487 ...

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 ...

Welcome to March 2026, where the “Art of the Deal” has apparently evolved into the “Art of the $300 Billion Texas Oil Refinery.” In a move that surprised absolutely no one who has been paying attention to the current administration’s penchant for “Energy Dominance,” President Donald Trump has announced a massive partnership with India’s Reliance Industries to build the first major U.S. refinery in half a century. Naturally, the market responded with its usual grace: a mixture of frantic buying, confused sel ...

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 ...