Oil prices fluctuated near seven-month lows as a broader financial market sell-off offset heightened tensions in the Middle East.
Israel is preparing for possible attacks by Iran and regional militias in retaliation for the assassination of Allah and Hamas officials. Cryptocurrencies were also hit on risk aversion in global markets on Monday. With only three Fed meetings left, swap pricing reflects the growing perception that the central bank will need to make an unusually large half-point adjustment at a single meeting, or act between scheduled meetings — to move quickly to boost growth. Still, large-scale policy moves...
Oil prices fluctuated near seven-month lows as a broader financial market sell-off offset heightened tensions in the Middle East.
Israel is preparing for possible attacks by Iran and regional militias in retaliation for the assassination of Allah and Hamas officials. Cryptocurrencies were also hit on risk aversion in global markets on Monday. With only three Fed meetings left, swap pricing reflects the growing perception that the central bank will need to make an unusually large half-point adjustment at a single meeting, or act between scheduled meetings — to move quickly to boost growth. Still, large-scale policy moves...
