๐ด Cautious optimism in the markets after Iran received a signal about breaking the US naval blockade
๐ Global markets reacted to comments from the Iranian ambassador to the UN stating that Tehran received "some signal" that the US is ready to break the blockade
๐ This comes after Trump decided last night to extend the ceasefire with Iran until the Iranians present their proposal and discussions conclude, justifying that the Iranian government is experiencing a sharp division
๐ Meanwhile, Iran refuses to acknowledge a ceasefire, with Tasnim News Agency reporting that Tehran will break the US blockade by force if necessary
- Hereโs how the markets performed:
๐ The dollar is retreating, and US bond yields are declining
๐ Oil contracts recorded losses of nearly 2% before slowing the downward trend later
๐ The spot gold price increased by about 1% to $4770 per ounce
๐ Cryptocurrencies are gaining traction... Bitcoin is nearing $78,000 after hitting an 11-week high
๐ Volatility in Asian stock markets... Japanese and Chinese stocks rise while Hong Kong and Singapore stocks decline
๐ US stock futures are up, with the S&P 500 index bolstering its gains to 0.6%
๐ Global markets reacted to comments from the Iranian ambassador to the UN stating that Tehran received "some signal" that the US is ready to break the blockade
๐ This comes after Trump decided last night to extend the ceasefire with Iran until the Iranians present their proposal and discussions conclude, justifying that the Iranian government is experiencing a sharp division
๐ Meanwhile, Iran refuses to acknowledge a ceasefire, with Tasnim News Agency reporting that Tehran will break the US blockade by force if necessary
- Hereโs how the markets performed:
๐ The dollar is retreating, and US bond yields are declining
๐ Oil contracts recorded losses of nearly 2% before slowing the downward trend later
๐ The spot gold price increased by about 1% to $4770 per ounce
๐ Cryptocurrencies are gaining traction... Bitcoin is nearing $78,000 after hitting an 11-week high
๐ Volatility in Asian stock markets... Japanese and Chinese stocks rise while Hong Kong and Singapore stocks decline
๐ US stock futures are up, with the S&P 500 index bolstering its gains to 0.6%