Brazil Retail Sales (MoM) came in at 0.4%, above forecasts (-0.1%) in January

Mar 11, 2026

Gold stalls below $5,200 as markets brace for US inflation data

Gold (XAU/USD) trades with a mild downside bias on Wednesday, failing to build on the previous day’s gains as the US Dollar (USD) rebounds and Treasury yields edge higher ahead of the US inflation data at 12:30 GMT.

Oil: Reserve release and conflict-driven supply risks – MUFG

MUFG’s Head of Research Derek Halpenny reports that the IEA has proposed a record Oil reserve release of 300–400 million barrels, potentially covering 15–20 days of Strait of Hormuz flows and easing supply constraints for several weeks.