[MARKET UPDATE] Risk-on move continues following posts from US President Trump; Crude nears lows, fixed reaches session highs, Brent -11%
Context
The ongoing risk-on sentiment following recent comments from former President Trump appears to bolster market confidence, which is driving equities higher and contributing to a rally in fixed income. However, crude oil prices are under pressure and nearing recent lows, with Brent prices dropping significantly, suggesting concerns about supply or weakening demand amid geopolitical shifts. Traders should watch for potential volatility in energy markets as this dynamic unfolds.
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