US President Trump, on Iran, says "it is going very well"
President Trump's optimistic remarks on Iran suggest a potential easing of tensions, which could positively impact market sentiment across equities and commodities.
UKMTO reports an incident 78 NM north of Fujairah, UAE; "a tanker has reported being hit by unknown projectiles. All crew reported safe"
[MARKET UPDATE] Mixed start to the session with ASX 200 -0.2% and KOSPI +2.5%; US equity futures remain flat with a mild upward bias
US President Trump, on Iran, says "it is going very well"
PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese markets closed for holiday
US CENTCOM posts it will begin supporting Project Freedom from May 4; "US military support to Project Freedom will include guided-missile destroyers, over 100 land and sea-based aircraft, multi-domain unmanned platforms, and 15,000 service members"
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A calming geopolitical landscape might strengthen risk assets while putting downward pressure on safe havens like gold. Traders should monitor how this sentiment might influence FX pairs, particularly involving the USD, JPY, and EUR as the market digests these developments.
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