Post by Augustine Chiagozie (@pabloexchange)

❕ Trump says Iranian bombing campaign could last a week or as long as ‘necessary’

William Jackson, chief emerging markets economist at Capital Economics, said that prolonged conflict affecting supply could cause oil prices to jump to around $100, potentially adding 0.6-0.7 percentage points to global inflation.

The conflict could also add to demand for US Treasuries whose yields have been falling in the past few weeks.

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