Written Commentary
The Ghost in the Machine Q1 2026
March 26, 2026
Written by Marc Ostwald, ADMISI’s Global Strategist & Chief Economist
The Week Ahead – Focal Points:
Middle East conflict as US rejects latest Iran ‘deal’ proposals, Trump-Xi Summit in Beijing, Bessant trip to Japan
- US CPI, PPI, Retail Sales, Industrial Production; UK Q1 GDP, Industrial Production, Index of Services, REC/KPMG Employment; China Trade, CPI, PPI, Credit Aggregates; Germany ZEW; India CPI, WPI, Trade; Australia Q1 Wages
- Fed, ECB, BoE and BoJ speakers
- EIA, IEA and OPEC monthly Oil Market Reports; USDA WASDE, China CASDE, France AgriMer Crops Report, Brazil CONAB Corn & Soybean and Unica Sugar production, Chile Copper Production, raft of conferences includes Geneva GrainCom and London CRU Aluminium
There are just 9 S&P 500 companies reporting this week, with worldwide corporate earnings highlights as compiled by Bloomberg News likely to include: 3i Group, ABN Amro Bank, ACS Actividades de Construccion & Servicios, Adnoc Drilling, Adnoc Gas, Alibaba Group Holding, Allianz, Applied Materials, AST SpaceMobile, Banco BTG Pactual, Banco do Brasil, Bank Hapoalim BM, Barrick Mining, Bayer, Bharti Airtel, Bridgestone, Brookfield, CEZ, Cisco Systems, Compass Group, Constellation Energy, Constellation Software Canada, Credicorp, Daiichi Life, Daiichi Sankyo, Daikin Industries, Deutsche Telekom, Dubai Electricity & Water Authority, E.on, Ecopetrol, EnBW Energie Baden-Wuerttemberg, Fox, Franco-Nevada, Fujikura, George Weston, Hannover Re, Hochtief, Hon Hai Precision Industry, Hon Precision, Honda Motor, Hua Hong Semiconductor, Hydro One, Imperial Brands, Inpex, Itausa, Japan Post, Japan Post Bank, JD, JSW Steel, JX Advanced Metals, Kawasaki Heavy Industries, KBC Group, KDDI, Kioxia, Zhejiang Leapmotor Technology, Manulife Financial, Merck, Mirae Asset Securities, Mitsubishi Estate, Mitsubishi Heavy, Mitsubishi UFJ Financial Group, Mitsui Fudosan, Mizuho Financial, Munich Re, National Grid, Nebius Group, Nippon Steel Corp, Nu Holdings Cayman Islands, Olympus, Orix, OTP Bank Nyrt, Panasonic, Petroleo Brasileiro SA – Petrobras, Power Corp of Canada, PTT, Qnity Electronics, Recruit, Resona, RoboSense Technology, RWE, Samsung Life Insurance, Saudi Arabian Oil (aka Aramco), Sea, Siemens, Siemens Energy, Simon Property Group, Singapore Airlines, SMC, Snam, SoftBank, SoftBank Group, Sumitomo Electric, Sumitomo Mitsui Financial, Sumitomo Realty & Development, Takeda Pharmaceutical, Talanx, Telefonica, Telefonica Brasil, Tencent, Venture Global, Verbund, Viking Holdings, Vodafone.
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