US President Trump says just a question of time regarding Iran
President Trump's comments suggest an imminent escalation regarding Iran, which could heighten geopolitical risks.
PRE-MARKET CHINESE STOCKS NEWS: US reportedly approved around 10 Chinese firms to buy NVIDIA H200 chips, Chinese New Yuan Loans unexpectedly contracted in April
PBoC sets USD/CNY mid-point at 6.8415 vs exp. 6.7976 (prev. 6.8401)
US President Trump says just a question of time regarding Iran
Australia sells AUD 1bln 1.00% December 2030 bonds b/c 3.69, avg yield 4.7049%
US President Trump says have gotten along well with Chinese President Xi, and we have a very good relationship with China, adds Xi is a tremendous and strong leader
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Such rhetoric typically supports safe-haven assets like gold and the Japanese yen, while risking volatility in oil prices and equities. Traders should monitor this development closely, as it could shift market sentiment quickly, especially in the energy sector.
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