US President Trump posts "IRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE. THANK YOU!"
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US military blockade of Iran remains in effect, according to a US official cited by Reuters
Pakistani journalist Mallick posts "To my understanding, talks between US and Iran could take place early in the coming week"
US President Trump posts "IRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE. THANK YOU!"
ECB President Lagarde says the uncertainty surrounding the outlook for euro area inflation has increased significantly following the outbreak of the war in the Middle East
Daily US Equity Opening News - NFLX drops after unchanged guidance, Hastings to leave board; UBER raises DELHY stake
On the Newsquawk feed at , 20 minutes before this page.
Context
President Trump's tweet indicates a significant de-escalation regarding Iran's access to the Strait, potentially easing tensions that have previously impacted oil supply routes. This announcement could stabilize oil prices and lead to a stronger USD as geopolitical risk recedes, affecting related commodities and market sentiment across equities and forex. Overall, it's a positive indication for global trade and energy markets, but traders should watch for further developments on this front.
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