US White House confirms that President Trump has extended the Iran ceasefire for 3-5 days, Fox reports
The extension of the Iran ceasefire by President Trump indicates a temporary easing of geopolitical tensions in the region, which could support increased stability in oil prices and broader markets.
US EQUITY OPEN: Stocks bid after Trump extends ceasefire
Auction Preview: US to sell USD 13bln of 20-year bonds at 18:00BST/13:00EDT
US White House confirms that President Trump has extended the Iran ceasefire for 3-5 days, Fox reports
Iran currently has no decision to negotiate with the US on Friday, Tasnim reports
Retired Admiral William McRaven told Fox News of Iran's threats to attack the energy infrastructure of its Gulf neighbours if the US targets Iran's own energy infrastructure, Fox news reports
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The impact on risk assets like equities may be positive, while forex markets could respond variably depending on how this is perceived relative to existing USD and commodity positions. Traders should monitor how this develops, as extended ceasefires often impact sentiment across asset classes.
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