Zepanae
10-23 14:40

• Brent Crude: The international benchmark Brent crude has also traded well above the $100 threshold, recently climbing toward five-month highs past $112 a barrel amid ongoing attacks on energy infrastructure and tanker routes.

• Drivers of the Rally:

• Intensified fighting involving the U.S. and Iran, including strikes and threats targeting key shipping lanes like the Strait of Hormuz.

• Houthi attacks on energy facilities in Saudi Arabia.

• Declining U.S. commercial crude oil inventories

Fed Decision Due Thursday — Will December Path Turn Hawkish?
QQQ was nearly flat Friday while SPY fell 0.52% and Nasdaq 100 futures edged up 0.06%, as investors awaited the Fed decision and mega-cap earnings. Rates are expected to hold at 3.75%–4.00%, leaving focus on guidance for inflation, jobs, and December. High oil prices limit room to ease. A neutral message could leave Microsoft, Alphabet, and Amazon to set direction; a hawkish tone may lift yields and pressure tech valuations. What would show policy risk is fading first: stable yields or neutral Fed guidance?
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