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Market Analysis

[MARKET UPDATE] Crude prices edge higher in recent trade, in turn weighing on fixed income and equity futures

StockNow breaking-news AI analysis

Surging oil prices due to US-Iran tensions are pressuring bonds and equity futures, as investors anticipate further Federal Reserve tightening to combat potential inflation.

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Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes