[Castle Securities Predicts Market Misjudgment Of US And European Interest Rate Paths; ECB Unlikely To Stick To Rate Hikes] Castle Securities Stated That Investors' Bets On The ECB Raising Rates When The Fed Cuts Rates This Year Are Incorrect, As Soaring Oil Prices Make Such A Divergence In US And European Monetary Policy Unlikely. With The Middle East Conflict Pushing Oil Prices Above $100 A Barrel On Monday, Interest Rate Swaps Indicate That Traders Have Fully Priced In At Least A 25 Basis Point Rate Hike By The ECB Before December And Are Inclined To Raise Rates Again. Meanwhile, They Expect The Fed To Cut Rates By A Similar Amount During The Same Period As The European Rate Hikes

Air Defences Intercept And Shoot Down Drone Near Baghdad International Airport - Security Sources

LME Copper Rose $92 To Settle At $12,954 Per Tonne. LME Aluminum Fell $60 To Settle At $3,386 Per Tonne. LME Zinc Rose $30 To Settle At $3,328 Per Tonne. LME Lead Fell $16 To Settle At $1,936 Per Tonne. LME Nickel Was Unchanged At $17,469 Per Tonne. LME Tin Rose $620 To Settle At $50,685 Per Tonne. LME Cobalt Was Unchanged At $56,290 Per Tonne

Nasdaq Turns Negative, Last Down 0.4%

New York Fed Accepts $0.332 Billion Of $0.332 Billion Submitted To Reverse Repo Facility On Mar 09

European Natural Gas Futures Opened Higher But Closed Lower, With Dutch Natural Gas Gains Narrowing To Less Than 5.6%. On Monday (March 9), In Late European Trading, ICE UK Natural Gas Futures Rose 3.43% To 142.130 Pence/kcal, Gapping Up And Quickly Reaching 170 Pence At 15:02 Beijing Time. TTF Benchmark Dutch Natural Gas Futures Rose 5.56% To €55.945/MWh, Gapping Up And Quickly Reaching €69 At 15:01. ICE EU Carbon Emissions Trading Permits (futures Price) Rose 0.85% To €69.82/tonne