Markets are still shrugging off the Iran oil shock… for now.

• 📈 Oil traders expect prices to cool over time.

• 📊 Global data is still holding strong.

• 🏦 Central banks haven’t pulled the rate-hike trigger yet.

Main Point:

No sustained oil spike + no recession data + no panic from the Fed = risk assets keep partying.

But if oil stays hot, growth cracks, or rates jump aggressively… markets may finally feel the pain.

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$OPEN

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