Latest / MPC Markets Morning Call
17th March 2026: Stocks Bounce on Lower Oil Prices and Tech
Markets rallied to start the week as a sharp retreat in oil prices from the US$102+ highs eased fears of a full-blown energy crisis, even as the US-Israeli war on Iran entered its third week with no diplomatic off-ramp in sight. Risk assets benefited broadly, with equities, bonds, crypto, and travel stocks all advancing, while the dollar weakened. Nvidia’s US$1 trillion AI chip demand forecast added fuel to the tech rebound. However, the relief may prove fragile: Hormuz remains effectively shuttered, private credit is experiencing a wave of redemption caps, and a gauntlet of central bank…
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