Iran & Middle East Conflict
U.S.-Israeli war on Iran enters week four; no ceasefire in sight.
Strait of Hormuz: Shipping stalled; Brent crude hits $110/bbl, +40%.
Markets: Investors price in higher-for-longer oil amid infrastructure damage
risks.
United States
Tuesday: S&P Global March PMI – manufacturing 51, services 51.7.
Thursday: Weekly jobless claims ~210,000; Fed public outreach meeting.
Friday: University of Michigan consumer sentiment ~53.8.
Energy: CERAWeek 2026 starts Monday.
Corporate: Anthropic court hearing Tuesday; Pinduoduo earnings on Wednesday
Markets: 10-year Treasury ~4.328%, equity pressure monitored.
China
Monday: Huawei spring product launch.
Friday: Industrial profits Jan-Feb; watch for recovery from 0.6% growth.
Forums: Boao Forum (Mar 24-27), Zhongguancun Forum (Mar 25-29), China EV 100
Forum (Mar 27-29).
Earnings:
Tuesday: Xiaomi Q4 – revenue +7%, net profit -26%.
Thursday: Meituan, BYD; Meituan revenue ~93.1B RMB.
Friday: ICBC, Construction Bank, China Merchants Bank results.
Other International Highlights
UK: Feb CPI Wednesday ~3.0%.
Japan: "Shunto" wage Monday; Feb consumer inflation Tuesday ~1.7%.
Australia: Feb inflation Wednesday ~3.8%, potential rise to 5% due to Iran.
Central Banks Thursday: Mexico 7%, Norway 4%, South Africa 6.75% (expected
holds).
Europe: Flash PMIs Tuesday – Eurozone, France, Germany.
Denmark: General election Tuesday, early call amid Greenland stance.
