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Oil: War risk premium builds on US–Iran tensions – Rabobank

Rabobank’s Michael Every highlights sharply rising geopolitical risks around a potential US–Iran conflict, noting media talk of a high probability of war and expectations of Iranian retaliation across the region.
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USD: Hawkish Fed minutes support gains – MUFG

MUFG’s Senior Currency Analyst Lloyd Chan notes that the US Dollar strengthened after stronger US data and hawkish January FOMC minutes. Durable goods and capital goods orders beat expectations, while industrial production surprised on the upside.
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