🌅 Morning Update - March 10 Global markets are stabilising after a highly volatile start to the week driven by geopolitical tensions in the Middle East. Wall Street managed to close Monday in positive territory after a sharp intraday reversal. The S&P 500 gained about 0.8%, while the Nasdaq added roughly 1.4%, as falling oil prices helped calm inflation fears and support risk appetite. Asian markets followed with a relief rebound on Tuesday morning. Major indices across the region moved higher, with Japan’s Nikkei rising nearly 3%, while South Korean and Hong Kong equities also posted strong gains as traders reacted to the sharp drop in crude prices. Oil remains the main driver of global sentiment. After surging above $100 and briefly approaching $120 per barrel during the latest escalation in the Middle East, Brent crude pulled back sharply toward the $92-$95 area as markets reacted to signals that the conflict may not escalate further. Precious metals continue to attract safe-haven flows. Gold is trading around $5,160-$5,180 per ounce, supported by a weaker US dollar and ongoing geopolitical uncertainty. In the crypto market, Bitcoin is hovering near the $70,000 level, recovering from recent volatility as risk sentiment improves and energy prices retreat. Investors are now shifting their focus to the next major macro catalyst - the US inflation report due tomorrow, which could influence expectations for the Federal Reserve ahead of its March 17-18 policy meeting. 📊 Key focus today: oil volatility, geopolitical headlines, and positioning ahead of US CPI. 🚀 Trade wisely and stay with NordFX!