March 9, 2026
United States:
US Stocks Extend Declines as Oil Spike Fuels Inflation Concerns
US stocks dropped on Monday, continuing on from the biggest weekly drop since October, as the prospect of a prolonged war in Iran sent energy prices soaring and stoked fears over inflation.
The S&P 500 Index dropped 1.1% at 9:38 a.m. in New York, while the tech-heavy Nasdaq 100 Index fell 1.0%.
Europe:
Bank of England Hit by 5% Inflation Risk From War in Iran
The Bank of England faces the prospect of UK inflation rebounding to 5%, with traders ramping up bets on a reversal of recent cuts to interest rates.
Inflation could rise to more than double the BOE’s 2% target if the latest jump in oil and gas prices is maintained, according to estimates from ING and RSM UK on Monday.
Asia:
Japan’s Real Wages Advance for First Time in 13 Months
Japanese workers’ wages adjusted for inflation rose for the first time in 13 months, a development that may bolster consumer sentiment and support both the Bank of Japan and the government in their pursuit of key policy goals.
Real wages increased 1.4% from a year earlier in January, exceeding economists’ median forecast of a 0.9% gain, the labor ministry reported Monday.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
