[MARKET UPDATE] After Trump to CBS says "the war could be over soon" Crude prices hammered; Dollar heavily sold, Stocks surge, Treasuries bid as crude plummets, with high-beta FX gaining, as well as the Yen
Context
Trump's comments suggesting a potential quick end to the war have led to significant shifts in the markets. Crude oil prices are plummeting as supply concerns ease, triggering a sell-off in the dollar while equities surge on anticipated economic stabilization. High-beta currencies and the yen are benefitting from increased risk appetite as investors adjust their positions.
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