(March 10) : Oil tumbled in early trading after US President Donald Trump signaled the Iran war could be ending soon, while Asian equities were set to climb after a bullish end to Monday’s session on Wall Street. Volatility shows no signs of letting up as investors weigh a fast-shifting geopolitical conflict with no clear trading playbook. “We expect markets to stay very short-term focused, volatile and headline-driven as the conflict plays out this week,” said Carol Schleif at BMO Private Wealth. Meantime, Trump is expected to review a set of options to tame oil prices, including restricting US exports and waiving some federal taxes, Reuters reported. In Asia, data set for release Tuesday includes industrial production in Malaysia, machine tool orders for Japan, and China trade.

Source: The Edge Markets March 09, 2026 22:53 UTC