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WTI swung between $86-$91 as US-Iran conflict and diplomacy headlines drove volatility; traders eye options strategies.
EIA data showed crude stocks fell 3.327 million barrels, undershooting forecasts, hinting weaker demand amid OPEC+ uncertainty.
Treasury four-week bill yield rose to 3.63%, signaling firmer front-end rates, fewer Fed cuts, boosting dollar.
Iran–US tensions and low inventories lift oil; Hormuz closures tighten supply as underinvestment signals longer-term constraints.
Report: US-Iran 60-day ceasefire extension MOU sparks USD drop; oil bearish, volatility lower; equities bullish.
Musalem warns inflation stays elevated; AI productivity uncertain; Fed higher-for-longer as markets reprice rates, volatility.
EUR/USD rebounds near 1.1655 as softer US inflation and growth weigh on dollar; volatility and risks rise.
Middle East tensions and higher oil boost inflation fears, pushing Fed hawkishness, lifting yields, volatility, and dollar strength.
Sterling steadies as UK political risk premium fades; Burnham’s fiscal stance calms markets, capping EUR/GBP near 0.870.
April new home sales missed forecasts at 622k, signaling housing cooling, dovish Fed bets, and defensive positioning.
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