EUR/GBP rose near 0.8670 as weak German data and energy-driven rate expectations lifted market uncertainty.
Middle East crisis spurred volatile markets; oil surged, dollar strengthened, equities slid as traders awaited headlines, IEA.
Rabobank says Iran war boosts dollar demand; USD/CAD stays supported, sideways to 2026, 1.40 risk.
EUR/USD hovered near 1.1550 as Middle East war boosted dollar demand and oil, pressuring euro.
Par Petroleum’s December 2025 quarter revenue $1.81B beat estimates; EPS $1.17 missed slightly; throughput mixed.
Brent crude surged 25% to $116 as Middle East tensions halted Hormuz traffic, disrupting supply, sparking comparisons.
Gold snapped five-week rally, down 3% as dollar surged; energy spike hit bonds and rate-cut expectations.
Germany’s factory orders plunged 11.1% in January, reversing December’s 7.8% rise, signalling weakening manufacturing demand.
Germany’s industrial output declined 1.2% year-on-year in January, worsening from December’s 0.6% fall.
Germany’s seasonally adjusted industrial production fell 0.5% in January, missing forecasts expecting a 0.9% rise.
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