News

Golden Ten Data reported on March 30 that as global investors accelerate their exit from risk assets, combined with escalating concerns driven by soaring energy costs, foreign investors are withdrawing from the Indian stock market at an unprecedented pace, casting a shadow over the country's long-favored growth narrative. According to aggregated institutional data, as of March 25, overseas investors have made a net sale of $11.7 billion worth of local Indian stocks. This indicates that March could become the month with the largest single-month capital outflow ever recorded in the Indian stock market; the total net outflow so far this year has exceeded $13 billion, approaching the level of the same period last year.

Reports state that the Pentagon is planning a “weeks-long ground operation,” with the amphibious assault ship “Tripoli” and 3,500 soldiers arriving in the Middle East theater. Saudi Arabia’s key east-west oil pipeline bypassing the Strait of Hormuz is running at full capacity of 7 million barrels per day, with oil exports from Yanbu Port surging to a historic peak. Thailand has reached an agreement with Iran regarding passage of its oil tankers through the Strait of Hormuz, while Malaysia reports that Iran is allowing its stranded tankers to transit. Two major Middle Eastern aluminum giants have suffered attacks; Emirates Global Aluminium has not disclosed whether production has been halted. With 6% of global capacity in jeopardy, Citi predicts that aluminum prices could soar to $4,000 per ton. U.S. Secretary of State and EU officials have reportedly clashed fiercely over the Ukraine issue. The U.S. side denies this, but Zelensky claims the U.S. is pressuring Ukraine to withdraw from Donbas and also notes that a diesel supply agreement has been reached in the Middle East to guarantee at least one year of Ukraine’s needs. Federal Reserve Governor Waller: The Fed’s “$7 trillion balance sheet” can be reduced by $2 trillion without triggering market turmoil. European Central Bank officials: If the Iran war drags into June, an interest rate hike may be unavoidable. China’s Ministry of Commerce: Launches two trade barrier investigations against the U.S. People’s Bank of China: Will continuously improve the system for preventing and resolving systemic financial risks, deepen reforms of key financial institutions, and promote multiple channels to increase capital replenishment efforts. Anthropic’s strongest model unveiled, achieving a “generational leap” in performance and comprehensively surpassing Opus. Anthropic’s new model has sparked panic, causing cybersecurity stocks to plunge across the board. Related article: Wallstreetcn FM-Radio Morning Brief | March 30, 2026

Golden Ten Data reported on March 30 that as the Yemeni Houthi armed forces formally entered the Middle East conflict and more U.S. troops were deployed to the region, oil prices rose, market concerns over an escalation intensified, and the stability of the energy market faced further threats. On Monday, both WTI and Brent crude oil opened about 1% higher, while oil futures for both jumped over 3%. The prompt spread of Brent crude oil highlighted the market’s extreme worries over short-term supply tightness: on Monday, the front-month contract traded at a premium of as much as $7.58 per barrel over the next-month contract, compared to nearly zero just a week before the conflict erupted. Over the weekend, the Houthi forces launched missiles and drones toward Israel and stated that they would continue their actions until attacks against Iran cease. While the Houthis have not stated an intention to target vessels passing through the southern Red Sea and Bab el-Mandeb Strait, they do possess the capability to do so.