AI Bias Analysis
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Just before the start of fighting in the Middle East, mortgage rates had dropped to their lowest level since 2022, with the 30-year rate at 5.98% on Feb. 26, Freddie Mac data show.
Source
MarketWatch
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OpenAI did not disclose the terms of the deal but said TBPN will be housed within its strategy organization.
No one yet knows when the Strait of Hormuz will fully reopen, but rebuilding energy infrastructure and restoring production in the Middle East are what matter most to the global oil market.
The U.S. economy is projected to show job gains of 59,000 in March, with the unemployment rate holding at 4.4%.
Tina Fordham, founder & geopolitical strategist at Fordham Global Foresight, joins Scarlet Fu on "Bloomberg Markets." She gives her perspective on geopolitics and oil markets as President Trump comes under increasing international pressure after he pledged to continue the war on Iran, sparking further turmoil in energy markets. (Source: Bloomberg)