A surging US Dollar and rising oil prices from Middle East tensions have markets on edge.
Heading into the North American session, markets are in a cautious, mildly defensive posture with a firmer dollar, softer equity futures, and elevated oil prices driven by renewed Middle East geopolitical tensions around the Strait of Hormuz, as investors weigh inflation risks from energy prices against resilient US equities near record highs, a heavy big-tech earnings calendar, and a packed central bank week.
Video Length: 00:01:51
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