US President Trump posted "A big day for World Peace! Iran wants it to happen, they’ve had enough! Likewise, so has everyone else! The United States of America will be helping with the traffic buildup in the Strait of Hormuz"
President Trump's comments suggest a shift towards a more active US involvement in easing tensions around the Strait of Hormuz, an essential trade route.
Bahrain sounds missile alert hours after the US and Iran ceasefire agreement, according to AP
US carmakers accuse EU of blocking supersized pick-up trucks from roads, according to FT
US President Trump posted "A big day for World Peace! Iran wants it to happen, they’ve had enough! Likewise, so has everyone else! The United States of America will be helping with the traffic buildup in the Strait of Hormuz"
[MARKET ANALYSIS] Asia-Pac stocks rallied on the US-Iran two-week ceasefire agreement
ASB Bank now sees RBNZ raising rates in September and December of this year vs prev. forecast of a December hike
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Full post: "A big day for World Peace! Iran wants it to happen, they’ve had enough! Likewise, so has everyone else! The United States of America will be helping with the traffic buildup in the Strait of Hormuz. There will be lots of positive action! Big money will be made. Iran can start the reconstruction process. We’ll be loading up with supplies of all kinds, and just “hangin’ around” in order to make sure that everything goes well. I feel confident that it will. Just like we are experiencing in the U.S., this could be the Golden Age of the Middle East!!! President DONALD J. TRUMP"
This rhetoric, implying peace and positive economic prospects, could stabilize regional markets and affect commodity prices, particularly oil, while boosting risk appetite across equities. However, it remains to be seen if this optimism is rooted in actionable diplomacy or merely aspirational rhetoric.
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