A similar scenario may unfold in the UK and euro-zone as their respective central banks ratchet up interest rates despite increasing risks to fragile growth.
The dollar surged on Friday, gaining strength over the yen and euro as uncertainties regarding a peace deal in Iran heightened demand for safe-haven assets.
Oil prices experienced a significant uptick on Friday, fueled by fears surrounding the critical Strait of Hormuz. Iran and Oman are contemplating restrictions on hostile
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