Oil prices were on track for over 5% gains week-on-week on Friday, amid persistent tensions in the Middle East after Israel rejected a ceasefire offer from Hamas.
Iran, cautious of the ramifications on its domestic stability and survival, has avoided direct military conflict with Israel and the United States, despite rising tensions in the Middle East.
U S Markets Shuttered For Holiday menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The yen has strengthened about 5% in three weeks, driven by bets that the Bank of Japan is nearing an exit from negative interest rates, while expectations for the Federal Reserve point to a potential rate cut. The BOJ s next policy decision is scheduled for Tuesday.
International Business News: The dollar rose on Friday and is set for a third monthly gain after solid U.S. growth figures argued for interest rates to remain high for longer, whi