[MARKET UPDATE] Risk-on move continues following posts from US President Trump; Crude nears lows, fixed reaches session highs, Brent -11%
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.
US President Trump posts "Thank you to Pakistan and its Great Prime Minister and Field Marshall, two fantastic people!!! President DONALD J. TRUMP"
US President Trump posts "Again! This deal is not tied, in any way, to Lebanon, but we will, MAKE LEBANON GREAT AGAIN!"
[MARKET UPDATE] Risk-on move continues following posts from US President Trump; Crude nears lows, fixed reaches session highs, Brent -11%
US President Trump posts "Iran, with the help of the U.S.A., has removed, or is removing, all sea mines! Thank you! President DJT"
US President Trump posts "Thank you to Saudi Arabia, UAE, and Qatar for your great bravery and help! President DONALD J. TRUMP"
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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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