{"id":428382,"date":"2026-03-13T03:25:04","date_gmt":"2026-03-12T20:25:04","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/investinglive-americas-market-news-wrap-risk-rout-intensifies-with-oil-near-100\/"},"modified":"2026-03-13T03:25:04","modified_gmt":"2026-03-12T20:25:04","slug":"investinglive-americas-market-news-wrap-risk-rout-intensifies-with-oil-near-100","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/investinglive-americas-market-news-wrap-risk-rout-intensifies-with-oil-near-100\/","title":{"rendered":"investingLive Americas market news wrap: Risk rout intensifies with oil near $100"},"content":{"rendered":"<div>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-initial-claims-213k-vs-215k-estimate-20260312\/\">US initial claims 213K vs 215K estimate<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-january-trade-balance-545b-vs-666b-expected-20260312\/\">US January trade balance -54.5B vs -66.6B expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-housing-starts-for-january-1487m-versus-1348m-estimate-20260312\/\">US housing starts for January 1.487M  versus 1.348M estimate<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/israel-may-launch-a-ground-campaign-in-lebanon-imminently-20260312\/\">Israel may launch a ground campaign in Lebanon imminently<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/netanayu-iran-is-no-longer-the-same-iran-20260312\/\">Netanayu: Iran is no longer the same Iran<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-treasury-sells-22-billion-of-30-year-bonds-at-a-high-yield-of-4871-20260312\/\">U.S. Treasury sells $22 billion of 30 year bonds at a high yield of 4.871%<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/irans-foreign-minister-spokesman-many-ships-can-still-pass-through-the-strait-of-hormuz-20260312\/\">Iran&#8217;s Foreign Minister spokesman: Many ships can still pass through the Strait of Hormuz<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/britains-defence-secretary-says-its-iran-is-likely-laying-mines-in-strait-of-hormuz-20260312\/\">Britain&#8217;s Defence Secretary says Iran is likely laying mines in Strait of Hormuz<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/canada-january-trade-balance-365b-vs-09b-expected-20260312\/\">Canada January trade balance -3.65B vs -0.9B expected<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-energy-secretary-wright-iran-operations-to-take-weeks-not-months-20260312\/\">US Energy Secretary Wright: Iran operations to take weeks, not months<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>WTI crude oil up $9.14 to $96.38<\/li>\n<li>US 10-year yields up 5.5 bps to 4.26%<\/li>\n<li>Gold down $85 to $5089<\/li>\n<li>USD leads, AUD lags<\/li>\n<li>S&amp;P 500 down 1.5%<\/li>\n<\/ul>\n<p>It was a classic risk-off day as Iran struck tankers overnight in the Strait of Hormuz. So far, the US response isn&#8217;t clear, and there are no hints at naval escorts until the end of the month. With that, markets are pricing in the chance of an extended conflict.<\/p>\n<p>Eyes are on Trump but he didn&#8217;t TACO today and instead called on the Fed to cut rates, something that&#8217;s not going to happen. Market pricing has gone from 60 bps of easing this year to 22 bps since the war drums started beating. That&#8217;s led to steady bids in the US dollar that have lifted the dollar index to the best levels of the year.<\/p>\n<p>Eyes are on USD\/JPY as it flirts with the best levels since 2024 and now nears striking distance of 1986 levels. With that, we will be watching intervention rhetoric from Japan, which is a major energy importer. <\/p>\n<p>Markets are increasingly pricing in a negative shock to global growth due to high oil prices. That&#8217;s an ugly picture that could make more days look like today&#8217;s price action.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>US initial claims 213K vs 215K estimate US January trade balance -54.5B vs -66.6B expected US housing starts for January 1.487M versus 1.348M estimate Israel may launch a ground campaign in Lebanon&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-428382","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=428382"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428382\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=428382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=428382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=428382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}