Oil and Stocks Rise on Middle East Tensions Amid Busy Week for Data and Policy
• Crude oil prices jumped due to heightened Middle East tensions after US troops were killed in a drone attack
• Asian stocks mostly rose, led by energy producers following the gains in oil prices
• Investors are weighing geopolitical risks against crucial economic data and policy meetings happening this week
• Chinese equities looked to build on first weekly gain since December after regulator announced halting of share lending
• Key events this week China PMI, Fed, BOE, and ECB meetings, US jobs report, big tech earnings