[MARKET UPDATE] On Trump's Truth post, two-way action was seen. Initially, upside in stocks, and downside in oil, before reversing, and extending
The headline suggests that Trump's comments have triggered a quick, two-way market reaction, initially supporting equities while pressuring oil prices before reversing course.
Iraq Somo Chief says oil exports from Kirkuk to resume via Iraq-Turkey pipeline to Ceyhan, State News Agency reports; Iraq's Somo studying offers from local and global shipping firms to transport oil via southern borders
PRIMER - Today's Fedspeak: Powell & Williams
[MARKET UPDATE] On Trump's Truth post, two-way action was seen. Initially, upside in stocks, and downside in oil, before reversing, and extending
US President Trump posts on Truth "US is in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran."
White House Press Secretary Leavitt to hold press briefing at 18:00BST/13:00EDT
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This volatility might indicate that traders are closely monitoring geopolitical developments for broader sentiment shifts, which could impact risk assets and commodity prices going forward.
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