US Macro Daily(Beta Mode)
Inflation Hits 3.3%, Oil Rises
Market Snapshot
| Asset | Level | Change |
|---|---|---|
| S&P 500 | 6,816.89 | -0.11% |
| Nasdaq 100 | 25,116.34 | +0.14% |
| Dow Jones | 47,916.57 | -0.56% |
| Russell 2000 | 2,630.59 | -0.22% |
| USD/JPY | 159.34 | +0.14% |
| EUR/USD | 1.18 | +0.55% |
| GBP/USD | 1.35 | +0.51% |
| Gold | 4,757.90 | -0.08% |
| WTI Crude | 98.79 | +2.30% |
| Bitcoin | 72,392.36 | +2.32% |
| US 2Y Treasury | 3.78% | -0.26% |
| US 10Y Treasury | 4.29% | +0.00% |
Prior Economic Events
| Data | Prior | Cons | Actual |
|---|---|---|---|
| No events available | |||
US CPI Inflation Surge | Type: macro_line | CPI YoY %: 3.32 (2026-03-01) | Range: 2.325–8.979 | Trend(6pt): 4.918,8.463,3.687,2.719,2.665,3.32
Today's Economic Events
| Data | Prior | Cons | Time |
|---|---|---|---|
| No events available | |||
- US inflation surged to 3.3% in March due to Iran war-driven energy costs, challenging Fed outlook.
- Markets mixed: S&P 500 down 0.11%, Nasdaq up 0.14% amid tech strength and broader caution.
- WTI crude climbed 2.30% to $98.79, fueled by Middle East tensions and supply disruptions.
Yesterday's Recap
US markets displayed mixed results, with the S&P 500 closing at 6,816.89 after a 0.11% drop, pressured by industrials amid war uncertainties. The Nasdaq 100 rose 0.14% to 25,116.34, supported by tech gains despite overall caution. Dow Jones declined 0.56% to 47,916.57, hit by weakness in energy-sensitive blue chips.
Russell 2000 fell 0.22% to 2,630.59, as small caps grappled with elevated borrowing costs. Treasury yields showed stability, with the 10-year unchanged at 4.29% and the 2-year down 0.26% to 3.78%, indicating some safe-haven flows. WTI crude jumped 2.30% to $98.79 on Iran conflict fallout, while Bitcoin advanced 2.32% to $72,392.36 in a risk-on move.
Currency pairs shifted modestly: USD/JPY up 0.14% to 159.34, EUR/USD up 0.55% to 1.18, GBP/USD up 0.51% to 1.35. Gold dipped 0.08% to $4,757.90. No significant data releases, but news of March inflation at 3.3% YoY emerged, stirring after-hours volatility.
The Day Ahead
Today's calendar is empty, with no major US economic releases or events scheduled. Focus shifts to potential Fed remarks or geopolitical updates from the Iran war, which could sway energy prices and market sentiment. Corporate earnings remain light, and no key auctions are announced.
Tomorrow's slate is also blank, suggesting a subdued period emphasizing external risks like oil supply and global trade tensions. Traders should monitor news wires for any unscheduled developments impacting yields or equities.
Other Economic Notes
US economy shows resilience despite shocks, with unemployment at 4.30% as of March 2026 supporting spending amid inflation. Q4 growth slowed to 0.5%, reflecting war impacts, versus Q3's 4.3% surge from tech and holiday factors. Companies like Delta Air Lines and Amazon are raising prices due to higher energy costs from the Iran conflict, potentially squeezing real incomes.
Broader themes include supply chain strains from Middle East disruptions and tariff threats, contributing to uneven recovery.
