[MARKET UPDATE] Crude lifts modestly on remarks from Iran's Foreign Ministry, commentary that has supported the USD, hit European and US equity futures and seen fixed falter
The remarks from Iran's Foreign Ministry appear to have created upward pressure on crude prices, which may signal geopolitical tensions affecting supply.
EU Council confirms talks will be held with the UK on electricity and cohesion
Siemens (SIE GY) is reportedly looking to eliminate two central divisions in order to further reduce the complexity, Handelsblatt sources report
[MARKET UPDATE] Crude lifts modestly on remarks from Iran's Foreign Ministry, commentary that has supported the USD, hit European and US equity futures and seen fixed falter
Iranian Foreign Ministry spokesperson says Iran has not had any direct negotiations with America; messages from intermediaries discussed; did not partake in Pakistan-led meetings, Tasnim reports; says US demand were excessive.
Ukrainian President Zelensky says Ukraine is ready for a potential Easter ceasefire with Russia, believes there is no deadlock in talks and that Ukraine has received signals from allies on scaling back strikes on Russia's oil sector
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This has also supported the USD while negatively impacting European and US equity futures, suggesting a shift in risk sentiment that traders should monitor closely. The interplay between crude prices and equities indicates heightened uncertainty in the markets, potentially affecting overall risk appetite.
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