Dollar remained stable before key central bank meetings. Euro showed little reaction to France’s credit downgrade by Fitch. Investors are awaiting rate decisions from the US Federal Reserve, Bank of Japan, and others. Market anticipates potential rate cut from the US Federal Reserve. Focus is also on US-China trade talks and TikTok divestiture deadline.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential