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Tuesday: Stocks bounce, but oil up as conflict resumes
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US stocks rebound overnight, but oil is slightly higher this morning after conflict between Iran and the US & Israel erupted again yesterday, although a cease fire is in place again now. And strong US jobs data shifts Federal Reserve rate expectations. In our deep-dive interview,
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4 itemsDESK NOTEING Economics
The Commodities Feed: Oil rallies with US-Iran deadlock
The desk argues that oil's rally on US-Iran deadlock has limited FX spillover but supports commodity currencies. The source notes geopolitical premium is driving crude, yet no explicit FX pair is cited. Consensus sees CAD and NOK benefiting marginally, but the lack of a direct currency call leaves positioning neutral. No high-impact events loom in the next 30 days for oil-linked FX.
DESK NOTEING Economics
The Commodities Feed: Oil moves higher on latest US-Iran escalation
INVESTINGLIVEJustin Low
Dollar drifts lower as oil prices and bond yields slide on US-Iran hope
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