Tag: @LCO26Z
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Saudi military strikes Houthi targets in Yemen after the Iran-backed militia attacked Red Sea shipping
Saudi Arabia intercepted two ballistic missiles from Yemen, Greek security sources told Reuters, as fighting in a second front in the Iran war escalates.
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Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea
More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.
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Why the Federal Reserve should hike rates next week
The Fed cannot know the exact path of inflation, but the potential cost of an energy-driven surge in prices outweighs the cost of a modest preemptive hike.
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Why Costco keeps gas prices so low—it’s ‘straight out of the retail playbook,’ expert says
Higher gas prices are driving record demand for Costco’s gas stations as more Americans look to save at the pump.
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Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
This is the first rise in core inflation since March, and was in line with the1.6% growth expected by economists polled by Reuters.
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As the S&P 500 sells off, traders eye key ‘risk pivot’ level
Options traders are seeking clues on whether more volatility may be ahead.
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The 10-year Treasury yield could test 5% after its latest spike. Here’s why
The benchmark yield at 5% would be psychologically significant for the stock market.
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Running on borrowed time: The world’s oil buffer is shrinking as inflation risks build
Markets have remained resilient amid higher oil prices, but risks are building. If disruptions persist, higher oil prices could fuel inflation.
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Congress splits on war powers resolutions to force Trump to abandon Iran war
Trump would be nearly certain to veto any measure to curtail his ability to wage war with Iran.
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Brent crude tops $100 a barrel. How the next stop could be $120
Goldman Sachs warns on oil prices and so called tank bottoms ( and loves a new natural gas-related name).
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