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After reaching $67.23, WTI trades near $65.95, down 0.68% amid tensions and rising supply

Oil pulled back after a six-month high as Iran tensions boosted supply fears, but inventory builds, tariff uncertainty, and weak growth capped demand—leaving WTI near $66 and likely range-bound. – vtmarketsmy.com

Pill says the Bank of England must keep tackling inflation, focusing less on today’s target-level readings and more on what’s ahead

Bank of England’s Huw Pill warns inflation risks remain high despite labour stabilising. Disinflation is slow; wage pressures linger. Expect rates higher for longer, supporting sterling and challenging bets on cuts. – vtmarketsmy.com

Bailey told MPs inflation should be near target by April, while prospects for a March rate cut remain uncertain

BoE Governor Bailey says April inflation near target could allow easing, but March cuts are uncertain. With CPI still 2.9%, expect higher-for-longer rates—trade SONIA options and GBP/USD straddles. – vtmarketsmy.com

Standard Chartered’s Dan Pan says Brazil benefits as tariffs drop, but US risks remain

A Supreme Court ruling scrapped Trump’s IEEPA tariffs, cutting Brazil’s effective US rate toward 10%. Exports and Brazilian assets may rebound, but Section 232/301 risks linger—raising hedged EWZ and BRL options trades. – vtmarketsmy.com

Sterling rises above 1.3500 against the dollar despite Bailey signalling further easing, as US trade uncertainty persists

GBP/USD climbs near 1.3530, but a BOE rate-cut hint and UK by-election risk clash with steady Fed messaging and fresh US tariffs, keeping traders alert to 1.3400 support. – vtmarketsmy.com

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