[MARKET UPDATE]: Equity futures rally, crude futures hit, Dollar sold, T-notes and gold bid as Trump extends ceasefire but continues Iran blockade
Trump's extension of the ceasefire alongside the ongoing blockade of Iran suggests an easing in immediate tensions, which is likely boosting risk appetite across equities and safe-haven assets like gold.
Newsquawk US Market Wrap: Markets volatile to prospect of US/Iran talks while Trump extends ceasefire
Sonoco Products Company (SON) Q1 2026 (USD) Adj. EPS 1.20 (exp. 1.20), Revenue 1.68bln (exp. 1.71bln)
[MARKET UPDATE]: Equity futures rally, crude futures hit, Dollar sold, T-notes and gold bid as Trump extends ceasefire but continues Iran blockade
US President Trump says the US have been asked to hold their attack on Iran until such time as their leaders and representatives can come up with a unified proposal; extends ceasefire, but has instructed the military to continue the blockade
Capital One Financial Corp (COF) Q1 2026 (USD): Adj. EPS 4.42 (exp. 4.50), Revenue 15.2bln (exp. 15.36bln)
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This dual move could indicate a temporary stability that markets are reacting positively to, while the blockade retains elements of uncertainty that could influence oil prices and broader geopolitical sentiment.
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