[MARKET UPDATE] Upside seen in equities and modest downside in the crude space in the last few minutes, seemingly as a MS NOW journalist reposted an article from overnight around possible compromises re. Iran's nuclear program
The recent market movement indicates an uptick in equities alongside a slight dip in crude prices, likely driven by chatter around potential compromises regarding Iran's nuclear program.
Pakistani sources outline that "good news" regarding a second round of talks could arise as soon as Friday, US President Trump when questioned said "It's possible", NY Post reports citing sources
Canadian PM Carney says USMCA treaty will take some time to review, not a case where the US dictates terms
[MARKET UPDATE] Upside seen in equities and modest downside in the crude space in the last few minutes, seemingly as a MS NOW journalist reposted an article from overnight around possible compromises re. Iran's nuclear program
Broadcom (AVGO) expands its collaboration with Alphabet's (GOOGL) Google Cloud on network insights
ECB's Lane says it is too early to assess the duration of the Iran war shock, hard to know whether it is temporary or something bigger
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This development suggests a temporary easing of geopolitical tensions, which typically supports risk assets while dampening crude demand expectations, hence the modest downside in energy prices.
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