The Federal Reserve meets this week with markets pricing in a one-in-three chance of a rate hike, but XTB's Kathleen Brooks says the central bank is unlikely to make a move as the Middle East conflict
If the Fed can't influence oil-driven spikes, we're looking at a serious volatility gap. I read that Brent crude can swing significantly on geopolitical news alone—what’s the current correlation ratio between oil price jumps and CPI shifts in these scenarios? Would love to see the data source for that.
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