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Crude Oil Back at $100 Amid "Choppy" Ceasefire, Analyzing PCE, GDP & Jobless Claims
Description
Kevin Hincks says people are "naive" to expect an immediate resolution to the U.S.-Iran War. That said, even as crude oil taps $100 once again, Kevin points out that options traders are pricing in significantly lower crude moves months down the line. He then turns to the latest economic data with the jobless claims report, along with the delayed February GDP and core PCE prints.
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