[MARKET UPDATE] Crude continues rising - stocks and bonds dip while USD rises (DXY at 100) as a result; fresh newsflow has been light but the Iranian war risk remains heading into the weekend

Crude continues rising - stocks and bonds dip while USD rises (DXY at 100) as a result; fresh newsflow has been light but the Iranian war risk remains heading into the weekend.

Crude prices are on the rise, which typically signals tighter supply or stronger demand expectations in the market. This upward movement in oil is contributing to declines in stocks and bonds, while the USD strengthens as a flight to safety emerges, particularly with geopolitical tensions like the Iranian war risk looming over the weekend. Traders should consider these dynamics, as they influence overall risk sentiment and could lead to further volatility ahead.