Eamonn Sheridan

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Commodities
oil iea spr release 11 March 2026
Commodities

The IEA is weighing a record oil reserve release to calm markets after Hormuz disruption

  • A coordinated strategic reserve release could temporarily cap oil prices, but sustained disruption to the Strait of Hormuz would likely keep a geopolitical risk premium embedded in energy markets.
News
japan wrap
News

Japanese wholesale prices +2.0% y/y in February (2.1% expected)

  • Data post only
Central Banks
usdyen intervention zone 11 March 2026
Central Banks

ICYMI: Debate grows over political influence on Bank of Japan policy

  • Any perception of political pressure on the BOJ could increase scrutiny of Japan’s policy independence and influence expectations around the pace of future rate hikes, with potential implications for the yen and Japanese bond yields.
Central Banks
rba Reserve Bank of Australia Australia Australian dollar aud 2
Central Banks

ICYMI: RBA’s Hauser warns oil price risks could intensify rate rise debate (March 17 live)

  • Hauser’s comments reinforce the possibility that the RBA could consider tightening again, as soon as next week, if energy-driven inflation pressures intensify, keeping markets alert to a potentially more hawkish policy debate.
Commodities
oil price chart swings mines destroyed 11 March 2026 chart
Commodities

US destroys 16 Iranian mine vessels and warns over Strait of Hormuz, more detail

  • Any threat to shipping through the Strait of Hormuz typically pushes oil prices higher and increases demand for safe-haven assets, as markets price in the risk of disruptions to global crude supply.
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