Investors rush out of gold
The largest gold ETFs saw a record $5.52B outflow in a single week.
This comes just one week after roughly $4B of inflows, one of the strongest weekly numbers in at least 5 years.
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Saudi Arabia's Aramco Ras Tanura oil refinery resumes operation.
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Israel strikes Iran's largest natural gas facility, operation was approved by the United States, Axios reports.
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🇺🇸 US PPI came in at 3.4% vs 2.9% expected.
🇺🇸 US Core PPI came in at 3.9% vs 3.7% expected.
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🚨 Canadian regulator revokes registrations of 23 crypto firms, per report.
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🇺🇸 S&P Dow Jones licensed the S&P 500 for a 24/7 perpetual market on Hyperliquid, giving non-US users leveraged exposure to the index using official data.
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FTX Recovery Trust will distribute approximately $2.2B to creditors in its fourth payout on March 31, 2026.
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🇺🇸 Fed Chair Jerome Powell warns rising energy prices from US-Israeli war with Iran will drive inflation higher.
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🚨 $700,000,000,000 has been wiped out from the US stock market today.
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🇨🇳 China has now bought gold for 16 consecutive months, bringing total reserves to a record 2,309 tonnes, worth ~$371 billion at current prices.
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🇮🇷🇸🇦 Iranian drone strikes Saudi Arabia's Aramco SAMREF refinery in Yanbu.
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Brent crude oil surges to $116 following strikes on oil refineries and gas plants in the Middle East.
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French President Macron says war in Iran must be stopped and negotiations must resume due to impacts on global energy markets.
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🇮🇷 Iran considers charging taxes and toll fees to cross the Strait of Hormuz.
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🇦🇪🇺🇸 UAE stands by $1.4 trillion US investment pledge despite ongoing war
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