US President Trump reportedly rejects proposal for a 10-day ceasefire with Iran, Al Hadath reports, citing Jerusalem Post
President Trump's rejection of a proposed 10-day ceasefire with Iran suggests an escalation in tensions that could lead to further geopolitical uncertainty.
US BROKER MOVES: RL upgraded at Raymond James; ADBE, INTU, and CRM downgraded at Morgan Stanley
US Treasury Secretary Bessent, on trade with Canada, says "this is just reciprocity"; adds that Canada is highly discriminatory on dairy, alcohol, and drinks
US President Trump reportedly rejects proposal for a 10-day ceasefire with Iran, Al Hadath reports, citing Jerusalem Post
US Treasury Secretary Bessent says underlying US economy is very strong, core prices are stable; 3% growth is "not unreasonable" for H2
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This stance is likely to weigh on risk assets and could elevate safe havens like gold and the USD, while potentially exerting upward pressure on oil prices given the regional instability.
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