Hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a U.S. interest rate hike, while oil prices spiked after a fresh flare-up in the US-Iran war.

Fed Chair Warsh sounds hawkish at Jackson Hole, "Fed has more work to do unless confident underlying inflation is moving towards 2% objective"; NFP Annual Revision Prel -79K; UoM…

Warsh's hawkish remarks raised Fed rate hike expectations. Pause in next three decisions at 49% YES.