[MARKET UPDATE] DXY regains 99 handle, crude bid, equity futures selloff following the Axios report stating that US CENTCOM is to brief President Trump on new plans of military action
Context
The DXY regaining the 99 handle suggests a flight to safety amid heightened geopolitical tensions, with crude prices also firm as energy markets price in potential supply disruptions. The equity futures selloff reflects growing risk aversion among investors as news of military action plans is likely to dampen market sentiment and add volatility across asset classes.
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