Oil benchmarks are up almost 2% this week as tighter Russian crude supply overshadowed fears around Trump’s expanding tariffs. Oil could be rocked by a cocktail of high-risk events ranging from monthly oil forecasts to US inflation data.

China’s retaliatory tariffs against the United States are set to take effect on Monday 10th February. How Trump responds may set the tone for global markets in the week ahead. FXTM's USDInd faces a triple-risk cocktail, here is what you need to know.

Global sentiment has brightened after cooling US inflation revived hopes for Fed rate cuts. In the commodities space, oil benchmarks are on a tear while the US500 staged a solid rebound.

It’s been a rough week for the dollar thus far due to uncertainty around Trump's tariff plans. The incoming US CPI report may shape expectations around Fed rate cuts, influencing the USD as a result.