Expert Analysis: Oil Prices to Remain Key Market Driver Amid Geopolitical Uncertainty

Oil prices are expected to continue being the primary market driver, surpassing the impact of the upcoming U.S. February inflation data, according to a report by Pepperstone analyst Michael Brown. According to Jin10, Brown noted that market participants felt a slight relief after U.S. President Donald Trump indicated that the conflict would soon end. However, he emphasized that the market will closely monitor developments for any signs of easing tensions. Despite the usual significance of U.S. inflation data, Brown suggested that the forthcoming figures might not significantly affect the market or Federal Reserve policy outlook. He added that due to geopolitical uncertainties, market participants are less concerned about the impending economic data.