⛽️Brent crude climbed to $83.40 as uncertainty over the Strait of Hormuz kept energy markets on edge.
Key highlights:
• 🛢️ Brent: +$83.40 (+1.1%)
• 📉 Treasury yields rose to 4.68%
• 👀 Markets focused on the U.S. payrolls report
• 🌍 Middle East tensions continue to drive market sentiment
Meanwhile, bond prices fell as higher oil prices renewed inflation concerns with investors awaiting the U.S. jobs report for clues on the Federal Reserve's next interest-rate decision.
$CL $BZ $BICO
Key highlights:
• 🛢️ Brent: +$83.40 (+1.1%)
• 📉 Treasury yields rose to 4.68%
• 👀 Markets focused on the U.S. payrolls report
• 🌍 Middle East tensions continue to drive market sentiment
Meanwhile, bond prices fell as higher oil prices renewed inflation concerns with investors awaiting the U.S. jobs report for clues on the Federal Reserve's next interest-rate decision.
$CL $BZ $BICO