Geopolitics And Fed Uncertainty Set A Defensive Tone

Global markets opened the week on the defensive as US-Iran hostilities pushed oil prices higher and hawkish Fed expectations boosted the dollar.

Source: DepositPhotos

Global markets open the week on the defensive, with renewed US-Iran hostilities lifting oil, hawkish Fed expectations supporting the dollar and Treasury yields, and the combination weighing on equities and gold ahead of Friday’s US jobs report.
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