Japan prime minister Takaichi: Hard to say how Middle East conflict could affect economy.In just a week, Japan has had to pay ~70% more dollars to secure the same amount of oil it needs to run the economy. And that really stings for a country that is ever so heavily reliant on energy imports.

Bahrain's major oil refinery also reportedly struck by Iranian drone attack.It is being reported by Reuters that there is thick smoke rising from the direction of Bahrain's Bapco oil refinery. This is one of the oldest and most strategic energy hubs in the region, with Bahrain even investing heavily to modernise the facility and infrastructure.

Japan Leading Economic Index registered at 112.4, below expectations (113.2) in January.Japan Leading Economic Index registered at 112.4, below expectations (113.2) in January

Japan Coincident Index climbed from previous 114.3 to 116.8 in January.Japan Coincident Index climbed from previous 114.3 to 116.8 in January

US CPI, Canada jobs, UK GDP in focus as oil crisis reshapes data week.As we head into this volatile week, the economic calendar is being viewed through a “dual-lens”: the cold, hard data from February (pre-war) versus the reality of $110+ oil prices and the de facto closure of the Strait of Hormuz.

Safe Is Relative: Why the Dollar, Yen, and Franc React Differently to Crisis.The U.S. dollar, Japanese yen, and Swiss franc are often grouped as “safe haven” currencies. But the U.S. and Israeli strikes on Iran showed they don't always move in the same direction.

IMF's Georgieva warns Middle East conflict could push global inflation higher.IMF Managing Director Kristalina Georgieva ​on Monday warned ‌of inflation risks from the Middle East conflict, ​saying a 10% ​increase in oil prices, ⁠if persistent through ​most of the year, ​would result in a 40-basis-point increase in global inflation.

EUR/JPY loses traction below 183.00 as Middle East conflict lifts Japanese Yen.EUR/JPY loses traction below 183.00 as Middle East conflict lifts Japanese Yen

FX Futures Positioning: USD, EUR, GBP, JPY, AUD | COT report.The latest Commitment of Traders (COT) report reveals an important shift in US dollar positioning across the futures market. After reaching a five-year extreme in net-short exposure, traders have begun trimming bearish bets against the USD, helping fuel the dollar's recent rebound.

Oil rally accelerates: Could WTI reach 130, 150, or even 200?.WTI crude oil surged above 110 mark at the start of the week, extending an explosive rally that has already lifted prices roughly 50% since the Middle East conflict began on February 28. The latest move followed a violent gap-up at the weekly open, highlighting how quickly markets are adjusting to the possibility that the crisis may evolve into a sustained disruption to global energy supply or even production.

Indian central bank likely selling dollars to avert rupee slide to record low, traders say.The Indian central likely stepped into ​the foreign exchange market ‌on Monday, four traders told Reuters, to limit the ​rupee's decline as a ​surge in oil prices ⁠pummelled currencies across Asia.

Rupee may open at all‑time low, pressured by $100‑plus crude; RBI response eyed.The Indian rupee is poised to hit a record low as soaring global oil prices, driven by the Middle East conflict, intensify concerns over India's external balances. Traders anticipate potential central bank intervention to stabilize the currency, which is already under significant pressure due to rising import costs.

US Dollar rises above 99.50 as Middle East tensions fuel safe-haven demand.US Dollar rises above 99.50 as Middle East tensions fuel safe-haven demand

China CPI jumps to 1.3% as Lunar New Year spending boosts inflation.China's consumer inflation rebounded sharply in February, offering a fresh sign of improving domestic demand. Headline CPI rose from 0.2% yoy to 1.3%, well above expectations of 0.9% and marking the strongest increase in more than three years.

Oil prices surge amid Middle East conflict, WTI climbs above $110.00 to 54-month highs.Oil prices surge amid Middle East conflict, WTI climbs above $110.00 to 54-month highs

Canadian Dollar eases from one-month top vs. firmer USD; surging Oil prices limit losses.Canadian Dollar eases from one-month top vs. firmer USD; surging Oil prices limit losses

New Zealand Dollar holds losses despite hotter Chinese CPI inflation data.New Zealand Dollar holds losses despite hotter Chinese CPI inflation data

Japan wage momentum builds as real earnings rise first time in 13 months.Japan's wage data delivered an encouraging signal for the BoJ at the start of the year. Real wages rose 1.4% yoy in January, rebounding from December's -0.1% contraction and marking the first increase in 13 months.

Japanese Yen declines as US Dollar gains on Middle East conflict.Japanese Yen declines as US Dollar gains on Middle East conflict

Indian rupee, bonds to remain under pressure amid escalating Mideast conflict.The Indian rupee and government bonds are expected to remain under pressure this week, as the deepening conflict in the Middle East clouds the growth and inflation outlooks worldwide and keeps investors risk-averse.

Geopolitical Radar Extra: Contagion Risk from Middle East is Significant.The war in Middle East is rapidly spiraling, showcasing how wars are easy to start, almost impossible to control and difficult to end. Even if it is not our main scenario, readers should prepare for a long war, and one where the broader MENA region and perhaps parts of Europe are to some extent affected as well.

Oil Surges Above $90 as Iran Conflict Escalates, Pressuring Global Markets.The war in the Middle East escalated last week after U.S. and Israeli military strikes on Iran. Oil prices jumped above $90 per barrel, the highest level since September 2023.

Australian Dollar drops due to Middle East unrest, US Dollar gains, China CPI eyed.Australian Dollar drops due to Middle East unrest, US Dollar gains, China CPI eyed

US President Donald Trump says oil price spike on Iran war a ‘small price to pay'.US President Donald Trump says oil price spike on Iran war a ‘small price to pay'

Wall Street Futures Feel the Heat of Crude Oil Surge.Wall Street futures are under pressure after crude oil surged at the weekly open, as escalating Middle East tensions drive volatility across global markets. With oil prices spiking and equities testing key support levels, traders are bracing for further risk-off moves.

Japan Current Account n.s.a. came in at ¥941.6B, below expectations (¥960B) in January.Japan Current Account n.s.a. came in at ¥941.6B, below expectations (¥960B) in January

Japan Trade Balance - BOP Basis increased to ¥3145B in January from previous ¥2697.1B.Japan Trade Balance - BOP Basis increased to ¥3145B in January from previous ¥2697.1B

Japan Labor Cash Earnings (YoY) up to 3% in January from previous 2.4%.Japan Labor Cash Earnings (YoY) up to 3% in January from previous 2.4%

Dollar surges as US-Iran war pushes oil past $100 a barrel.The dollar took another leg higher on Monday, jumping to a three-month peak on the euro as oil surged past $100 a barrel, stocks slid and investors headed for safety as protracted war in the Middle ​East threatened to disrupt global energy supplies.

Breaking: WTI jumps above $100.50 as Middle East war disrupts fuel supplies.Breaking: WTI jumps above $100.50 as Middle East war disrupts fuel supplies