Mexico's IPC Plunges 5.7% as Oil Spike and US Jobs Data Rattle Markets
Markets Daniel Marsh

Mexico's IPC Plunges 5.7% as Oil Spike and US Jobs Data Rattle Markets

Mexico's benchmark stock index tumbled 5.73% last week, closing at 67,312.78 points. The sell-off was driven by a spike in oil prices, soft U.S. employment figures, and a weakening peso, with mining and industrial stocks among the hardest hit.

USO FXI XLE
MOEX Rises 2% on Oil Surge; Hormuz Disruption Fuels Energy Rally
Markets Daniel Marsh

MOEX Rises 2% on Oil Surge; Hormuz Disruption Fuels Energy Rally

Russian equities advanced last week, with the MOEX Index climbing 2% as a 27% spike in Brent crude prices, driven by Middle East supply disruptions, propelled energy and shipping stocks higher.

USO XLE
UAE Markets Tumble After Security Disruption Forces Rare Trading Halt
Markets Daniel Marsh

UAE Markets Tumble After Security Disruption Forces Rare Trading Halt

The Abu Dhabi Securities Exchange closed the week down more than 5% following a rare two-day market suspension due to regional security incidents. Key stocks like Aldar Properties and Emirates Telecommunications Group faced heavy selling pressure.

TA-35 Gains Amid Regional Conflict, Defying Global Risk-Off Sentiment
Markets Daniel Marsh

TA-35 Gains Amid Regional Conflict, Defying Global Risk-Off Sentiment

The Tel Aviv Stock Exchange's benchmark TA-35 index advanced 5.5% for the week ending March 7, 2026, powered by rallies in energy and defense shares despite escalating regional conflict and oil market turbulence.

USO XLE
Malaysian Stocks Defy Regional Slump as Energy Surge Lifts KLCI
Markets Daniel Marsh

Malaysian Stocks Defy Regional Slump as Energy Surge Lifts KLCI

The FTSE Bursa Malaysia KLCI closed the week at 1,718.06, gaining 1.45 points, as a major rally in Petronas Chemicals Group offset broader market weakness and regional declines.

XLE
Dubai Stocks Plunge 9% Amid Regional Tensions, Trading Halts
Markets Daniel Marsh

Dubai Stocks Plunge 9% Amid Regional Tensions, Trading Halts

Dubai's main stock index tumbled roughly 9% last week following a two-day trading suspension, with regulators imposing a 5% daily price limit to curb volatility. Foreign investors were net sellers as regional tensions rattled markets.

FXI MCHI
Italian Stocks Plunge as Oil Spike Sparks Stagflation Fears
Markets Daniel Marsh

Italian Stocks Plunge as Oil Spike Sparks Stagflation Fears

Italy's benchmark FTSE MIB index fell sharply last week, dragged down by banks and a steep decline in payments firm Nexi. Defense contractor Leonardo bucked the trend following a major contract win.

LVMUY GLD USO XLF
JSE Plunges 9% on Oil Spike and Global Risk Aversion
Markets Daniel Marsh

JSE Plunges 9% on Oil Spike and Global Risk Aversion

South African equities tumbled roughly 9.2% for the week, retreating from a record high as rising oil prices and global risk aversion triggered a sell-off. The rand weakened past 16.72/USD while bond yields surged.

FXI USO
Jakarta Market Plunges on Credit Downgrade, MSCI Warning
Markets Daniel Marsh

Jakarta Market Plunges on Credit Downgrade, MSCI Warning

Indonesian equities extended their decline last week, with the benchmark index losing 7.85% in market value after Fitch Ratings revised the country's credit outlook to negative. Foreign investors pulled hundreds of millions of dollars amid heightened policy uncertainty.

FXI MCHI
Korean Markets Reel After Historic Plunge, Stabilization Fund Deployed
Markets Daniel Marsh

Korean Markets Reel After Historic Plunge, Stabilization Fund Deployed

South Korea's benchmark KOSPI index suffered its worst weekly loss in years, plummeting over 11% amid a historic single-day crash. The government has activated a $68 billion stabilization fund to stem the bleeding.

SSNLF
ASX 200 Plunges 3.8% Amid Geopolitical Tensions and Rate Fears
Markets Daniel Marsh

ASX 200 Plunges 3.8% Amid Geopolitical Tensions and Rate Fears

Australian equities suffered a sharp 3.8% weekly decline, erasing approximately A$130 billion in market value. The sell-off was driven by escalating Middle East tensions and heightened expectations for RBA rate action.

BHP CSL XLE GLD USO
Taiwan Market Plunges on Geopolitical Jitters, Foreign Exodus
Markets Daniel Marsh

Taiwan Market Plunges on Geopolitical Jitters, Foreign Exodus

Taiwan's stock market suffered a severe weekly decline, with the TAIEX dropping over 1,800 points as foreign capital fled and chip stocks like TSMC tumbled on Middle East conflict and inflation concerns.

TSM TTE USO XLK