US President Trump says the Iranian war will end soon; says Iran is "not ready" for deal; cost of conflict is "negligible"; declines to comment on ground troops in Iran
Context
President Trump's remarks suggesting that the Iranian conflict will conclude soon, alongside his assessment that Iran is "not ready" for a deal, may ease immediate geopolitical tensions but signal ongoing volatility. The phrase regarding the conflict's "negligible" cost might suggest he does not foresee significant economic repercussions, which could impact market sentiment towards risk assets and commodities like oil and gold. Traders should watch for potential reactions in currencies, particularly USD and JPY, as well as equities and energy markets depending on how these comments influence investor perception on stability in the region.
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