⚠️Important: Today the US stock market will reopen after three days of closure. Since the threat of rising inflation and an increase in the Fed’s interest rate remains, this could hit stocks and BTC hard.

🇮🇷Iran has launched several waves of anti-ship cruise missiles and Shahed-136 drones from Sirik in southern Iran toward vessels escorted by the US Navy in the southern corridor of Oman in the Strait of Hormuz, supported by the US, according to initial reports.

🛢Oil extends gains, with WTI around $93 and Brent at $97, as Iran says the shipping deal in the Strait of Hormuz with Oman is nearly completed, which could potentially strengthen its control over the strait.

🔼The price of oil could surge to $120 per barrel if attacks on shipping in the Middle East escalate, Goldman Sachs says.

💸USD/JPY has just collapsed below 153 as the Japanese yen surged to a 7-month high. Traders are quickly closing out bearish positions on the yen as expectations of a rate hike by the Bank of Japan grow.
$BTC