Yen strength, equities weakness. Last week's play book continuing.
Mix in escalating tensions in the Middle East:
TV show later Monday?
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US equity futures slammed further: NQ down 2.5%, ES down 1.6%
- No let up on the Sunday evening selling
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Japan's 94% Middle East oil dependence leaves firms deeply exposed even as war winds down
- Brent could top $130 if strait never fully reopens, Goldman warns
- New Zealand Q1 GDP 0.8% q/q (0.9% expected) and 1.5% y/y (1.1% expected)
- Iran draws a red line on the deal. Attack Lebanon and its off.
- Iran-US MOU signed but Baghaei fires warning on missiles, uranium and Hormuz fees
- Iran confirms MoU with the US has been agreed to and finalised. Both sides have signed.
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