Today’s themes: Oil: Brent spiked to an intraday high of $97.04 before retreating, keeping inflation and yield risk elevated across markets without yet confirming a clear reversal. Yen: strongest major, combining a risk-aversion carry unwind with an independently more hawkish BoJ story, BoJ’s Takata called 2026 a rate-hike “regime change,” and Bessent reportedly pushed Japan […]
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