Escalating Middle East energy shocks, global central bank tightening, and a surging Japanese Yen dominate shifting financial markets.

Geopolitical Tensions and Energy Shocks Escalating military conflicts between the United States and Iran in the Middle East have directly targeted critical energy infrastructure and oil tankers, pushing crude oil prices toward the psychological $100 per barrel threshold. This supply disruption is further compounded by diesel crack spreads surging past $100 for the first time on […]

Dollar Posts Weekly Gain as Impact of Yen Intervention Fades and Interest Rate Expectations Soften

(Reuters) – The dollar weakened slightly on Friday but remained on track for a weekly gain after soft U.S. inflation data further dampened expectations of a near-term Federal Reserve interest rate hike. Currency movements were largely subdued, constrained by ongoing tensions in the Middle East and high oil prices. The U.S. Dollar Index dipped 0.1% […]