US President Trump says Iran detour is working out nicely and sees oil prices going down rapidly once the war is over
President Trump's comments suggest a potential easing of tensions with Iran, which, if realized, could lead to a drop in oil prices as geopolitical risk subsides.
US President Trump says he is looking forward to meeting Chinese President Xi, and will be an important trip
US FX WRAP: Dollar gains in Middle East driven trade
US President Trump says Iran detour is working out nicely and sees oil prices going down rapidly once the war is over
BoC Governor Macklem says inflation should peak in early April of 2027, then ease to 2% throughtout the year. Will not allow energy prices to remain high for long
US and Israel holding talks on how to respond and assist UAE; sources suggest likely options include strikes against launchers and military targets threatening the strait, or an attack on an Iranian energy facility in response to Fujairah; via Hayom
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The expectation of declining oil prices may have broader implications for inflation, energy markets, and currencies linked to commodity prices, particularly the USD and emerging market currencies dependent on oil exports.
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