[MARKET UPDATE] Risk-on seen across markets following NY Post reporter tweet with Brent briefly slipping below USD 100/bbl, bonds, equity futures and high-beta FX bid
This headline reflects a risk-on sentiment across multiple asset classes, driven by a tweet from a NY Post reporter regarding Brent crude oil prices dipping below $100 per barrel.
IRGC Commander says the ground units of the Iranian Armed Forces have established a multi-layered security belt, Al Mayadeen reports
US President Trump posts "If any of these [Iranian] ships come anywhere close to our BLOCKADE, they will be immediately ELIMINATED, using the same system of kill that we use against the drug dealers on boats at Sea"
[MARKET UPDATE] Risk-on seen across markets following NY Post reporter tweet with Brent briefly slipping below USD 100/bbl, bonds, equity futures and high-beta FX bid
US Existing Home Sales MoM (Mar) M/M -3.6% (Prev. 1.7%)
US Existing Home Sales (Mar) 3.98M vs. Exp. 4.06M (Prev. 4.09M, Low. 3.9M, High. 4.14M)
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Such developments can signal easing supply concerns or improved demand outlooks, enhancing investor confidence in equities and high-beta currencies. Watch for potential implications on inflation expectations and central bank policy as this dynamic unfolds.
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