A senior Trump administration official says that for War Power Resolution purposes, hostilities that began on February 28th have been terminated
The statement from a senior Trump administration official indicates a formal conclusion to hostilities that began on February 28th, which could signify a reduction in geopolitical tensions.
[MARKET ANALYSIS] USD/JPY regains 157.00 handle following cooler Tokyo CPI
Australia sells AUD 1.0bln 4.50% 2033 bond: b/c 3.56x, average yield 4.8608%
A senior Trump administration official says that for War Power Resolution purposes, hostilities that began on February 28th have been terminated
Japanese S&P Global Manufacturing PMI Final (Apr) 55.1 vs. Exp. 54.9 (Prev. 51.6)
Huawei chip sales is set to jump by at least 60% as Chinese companies seek alternatives to Nvidia (NVDA), FT reports; Huawei expects AI chip sales to hit USD 12bln in 2026
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This development may positively influence market sentiment, particularly for risk assets like equities and commodities, while also affecting currency flows, notably the USD and JPY. Traders should monitor how this evolves and its implications for asset classes linked to geopolitical stability.
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