US equity index futures peace gap higher.
Oil is lower on the reopening of Hormuz news.
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Globex is open. Oil down 3%, ES and NQ up 0.7% and 1% respecitvely
- US equity index futures up after the positive news on a peace agreement. Oil down.
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Trump is already threatening to resume strikes on Iran
- UK, France, Germany and Italy welcome deal but demand unconditional Hormuz access
- Fourteen-article MOU sets 30-day Hormuz deadline and excludes Iran missile program
- Trump says Hormuz will not be open until Friday, upon signing of ceasefire deal
- Iran confirms ceasefire MOU with U.S. but warns finger stays on the trigger
- Globex is open. Oil down 3%, ES and NQ up 0.7% and 1% respecitvely
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