Oil rose for a second straight day while Asian stocks weakened as tensions between the US and Iran escalated, reviving inflation concerns an
Oil rose for a second straight day while Asian stocks weakened as tensions between the US and Iran escalated, reviving inflation concerns and increasing expectations of a Federal Reserve interest-rate hike. [12:29 ET] Fed's Waller: worried about equally likely scenario that stricter policy will be required. May need hikes if core inflation reading this week is hot. [DXY & US Yields Strengthened, US Stock Indexes & Gold Weakened] [10:16 ET] Trump: Reinstating the Iranian blockade. [Dollar & WTI Crude Strengthened, US Stock Indexes Weakened]
Oil rose for a second straight day while Asian stocks weakened as tensions between the US and Iran escalated, reviving inflation concerns and increasing expectations of a Federal Reserve interest-rate hike. [12:29 ET] Fed's Waller: worried about equally likely scenario that stricter policy will be required.
May need hikes if core inflation reading this week is hot. [DXY & US Yields Strengthened, US Stock Indexes & Gold Weakened] [10:16 ET] Trump: Reinstating the Iranian blockade. [Dollar & WTI Crude Strengthened, US Stock Indexes Weakened]