Good morning traders 🌅
Trump rolled out aggressive Iran sanctions overnight and warned anyone backing Tehran faces consequences. He's dangling potential talks but made it clear: no nukes, and oil prices are heading lower when this wraps up.
Treasury futures crept higher after long-end yields dipped on yesterday's announcement. FOMC minutes showed most officials think higher rates may be needed if inflation doesn't cool—market barely blinked.
Asian markets rode Wall Street's momentum higher. Europe looking flat at the open.
Ahead today: German PPI, Canadian PPI, US jobless claims, NZ trade data, Riksbank decision, French debt supply, plus earnings from Walmart and Alibaba.
Stay sharp out there.
Trump rolled out aggressive Iran sanctions overnight and warned anyone backing Tehran faces consequences. He's dangling potential talks but made it clear: no nukes, and oil prices are heading lower when this wraps up.
Treasury futures crept higher after long-end yields dipped on yesterday's announcement. FOMC minutes showed most officials think higher rates may be needed if inflation doesn't cool—market barely blinked.
Asian markets rode Wall Street's momentum higher. Europe looking flat at the open.
Ahead today: German PPI, Canadian PPI, US jobless claims, NZ trade data, Riksbank decision, French debt supply, plus earnings from Walmart and Alibaba.
Stay sharp out there.