Relief in the Gulf, relief in markets | Forex Factory

  • Relief in the Gulf, relief in markets

    From ubs.com

    Markets started the week with noticeable relief. The trigger was news that the US and Iran had agreed on a declaration of intent that could be formalized in Geneva on Friday. The core of the draft is reportedly a 60-day window for further negotiations—flanked by a ceasefire and the prospect of reopening the Strait of Hormuz. Although similar reports in the past were ultimately not implemented, markets reacted strongly to the announcement: Brent fell by more than 4% at the start of the week to around USD 83 per barrel, and equity markets rose sharply. At the same time, yields in bond markets declined: With energy ... (full story)

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NukeTrading
15 hr ago
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Aged well
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The Fool
25 hr ago
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Yeah, probably. Next big show is Ukraine vs. Russia.
DwnUndrTrdr
21 hr ago
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Yes. Who can forget that great modern day Churchillian conversation between Donald Trump and Zelensky at the Whitehouse, “ You don’t have the cards! “. What a 4D chess playing oracle.
Also the last time we saw JD Vance’s true colours when he berated Zelensky.
JD is now trying to be everything to everyone… which shows he believes in nothing. Nothing but his thirst for power.
The Fool
21 hr ago
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Well, it's all for Jeebus, or so he says. Who is the real JD Vance? Ask Peter Thiel, maybe? Not so sure we really want to find out. If it came down to a choice between Vance & Rubio, I'd pick the latter. He's a chameleon, too, but almost all politicians are...
DwnUndrTrdr
20 hr ago
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Agree with you regards Vance. Why he’s so boring and not gaining traction. No conviction and so easy to see through. Gaining no traction with the electorate, with Rubio ahead in the preferred presidential race.
Rubio is letting Vance own this Iranian issue as well.
I’d pick Rubio as well, as on the world stage he’s been much more palatable.
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Price
14 hr ago
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The Strait is closed.
The negotiations are cancelled.
The ceasefire is nonexistent.

Trump surrendered at Versailles.

This week is gonna be busy.......
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Fxttruth
19 hr ago
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Are we expecting a bearish gap?
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Trader#4A63
21 hr ago
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attacks started again wow
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