Latest / MPC Markets Morning Call
11th March 2026 — Markets Whipsaw as mis-information creates Hormuz Confusion
Oil markets endured their most volatile session in years as crude crashed more than 10% before partly recovering, driven by conflicting signals from the White House over Strait of Hormuz operations and intelligence reports of Iranian mine-laying activity. US equities lagged a global rally, with the S&P 500 slipping 0.2% while Asian and European markets surged. China's exports boomed at 22% growth in early 2026, dwarfing expectations. The Australian dollar hit a three-year high after the RBA's deputy governor warned of "toxic" inflation risks, with markets now pricing a majority chance of a…
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