Hormuz strikes hit stocks; Fed hike odds jump to 60%
Overnight strikes between the US and Iran around the Strait of Hormuz sent US and European equities lower, while a hawkish Fed pivot pushed September rate-hike odds to about 60%.
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Hormuz tanker attacks send oil to $94, stocks and gold lower
Stocks, gold and crypto all fell as tanker attacks in the Strait of Hormuz pushed Brent crude toward $94 and hardened bets on a Fed rate hike this month.
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Iran strikes jolt oil and stocks as Fed hike odds pass 50%
Oil jumped and equities slipped as the US and Iran traded strikes near the Strait of Hormuz, while Fed Chair Kevin Warsh's hawkish Jackson Hole speech has markets pricing better-than-even odds of a September rate hike.
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