US EditionWall Street Eyes Inflation Data, Oil, and Fed Minutes
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Wall Street enters a decisive week with two major inflation tests, Delta Air Lines results and an increasingly war-stressed oil market with Iran. The backdrop combines a better than expected labor report, gasoline above $4 per gallon and growing doubts about the direction of interest rates in the United States. *** The February PCE index and the March CPI will be the central benchmarks for measuring the impact of the oil rise on inflation in the…
Wall Street Eyes Inflation Data, Oil, and Fed Minutes
Wall Street Braces for Volatile Week Amid Geopolitical Tensions Investors face a pivotal week, navigating economic data releases and escalating Middle East tensions. Crude oil prices surged after OPEC+ production increases coincided with heightened conflict concerns, driving US crude to $111.54/barrel. Key factors influencing markets: Inflation Data: CPI and PCE Index reports will be closely scrutinized. Geopolitical Risks: US-Iran tensions and…
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