March 16, 2026

Daily commentary

Although allied countries are not providing the support requested by Trump to normalize the situation in the Strait of Hormuz, the market is pricing in a higher probability that the war will end soon, with oil prices falling 5% and Treasury yields and equities rising. WTI closed at $94 and Brent at $101, leaving...
March 13, 2026

Daily commentary

Stocks Fall and Brent Crude Surpasses $100 as the War Intensifies: Volatility gripped Wall Street, with the market falling and oil reaching its highest level in more than three years, as the war in Iran continued. Concerns eased as rising prices...
March 12, 2026

Daily commentary

Mojtaba Khamenei’s aggressive tone—in which he stated that he would seek to keep the Strait of Hormuz closed as long as the war continues—once again put pressure on the oil market, where prices rose 10% to $96 for WTI and $101 for Brent, negatively impacting both equities and fixed income at the...
March 11, 2026

Daily commentary

Crude oil volatility continues to set the tone in the market, rising 6% today amid reports that Iran is mining the Strait of Hormuz, a move that could not be offset by reports that several countries, including the U.S. and Japan, would release crude oil from their strategic reserves. Equities rose in Asia but fell in the U.S...
March 10, 2026

Market Flash

Yields on U.S. Treasury bonds rebounded during the week as the conflict in the Middle East intensified, oil prices rose, and a disappointing monthly employment report affected the markets. Attention is now focused on the Federal Reserve's next monetary policy meeting, scheduled for mid-March...
March 10, 2026

Daily commentary

More volatility today, with WTI trading below $78 following reports that the U.S. had escorted a ship through the Strait of Hormuz—a claim that was later denied, triggering a rebound to $87 and a subsequent drop in equities, which had been trading in positive territory throughout the day. Earlier in the session, Asian stocks...
March 9, 2026

Daily commentary

Crude oil futures trading opened last night with WTI rising more than 25% to $119, plummeting to $94 in the afternoon, and then hitting a low of $82 when Trump signaled that the war in Iran would end soon, triggering a wave of risk-taking. Nasdaq futures fell as much as 2.5% last night, but the index closed up 1.4%...
March 9, 2026

Monthly Report: March 2026

The month ended amid expectations that the conflict between Iran and the United States would soon come to an end. In recent days, the Trump administration indicated that the United States could withdraw from Iran within the next two or three weeks, even without an agreement having been reached between the two sides. The market reacted...