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Podcast – Oil prices may tick higher due to geopolitical tension in the Middle East after the shock attack on Israel and US CPI looms

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OANDA Senior Analyst Kelvin Woong talks to Jonny Hart about the recent surprise attack in Israel, the geopolitical risks that could increase, the implications for higher oil prices, due to the possibility of disruptions to supply, which will likely revive the stagflation story, as well as the key US CPI figures that are released this Friday. This data is one of the factors that Fed officials use to decide whether or not to make one final hike to its current interest-rate hiking cycle.

 



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