Global markets face a volatile week as Middle East tensions escalate, driving oil prices up. Central banks, including the U.S. Federal Reserve, are set to make crucial interest rate decisions. Investors await clarity on the Fed’s stance amid inflation concerns. The Bank of Japan’s policy meeting is also keenly anticipated.
Dollar wobbles as markets cling to hopes for Middle East peace deal
Investor optimism for a deal to reopen the Strait of Hormuz is boosting markets. Hopes of peace have lowered oil prices and eased pressure on