It was another eventful weekend in which the two warring parties exchanged contrasting and confusing statements on what is happening with their ceasefire, whether any peace talks are scheduled, and what’s next. Perhaps the most worrisome part came just hours ago when both nations resumed the strikes against each other. Strikes Resumed At first, US […]
US President Trump, alongside Iran’s foreign minister, announced a major de-escalation yesterday on the war front, indicating that the Strait of Hormuz will finally be reopened. The statement had a major impact on almost all financial markets, especially oil, given the Strait’s significance. USOIL, for example, plunged by over 11%. It traded at $90 per […]
After a few consecutive days of warning shots, the US and Iran reached a two-week cease-fire, which would allow them to negotiate for a permanent peace deal. Financial markets responded immediately to the news, but in opposing ways. While most assets, such as BTC, gold, and stocks, went up, oil, which had rocketed after the […]
Crypto markets are back in the red this Monday morning in Asia as fear, uncertainty, and doubt return to the space. Additionally, US stock market futures have fallen at the open as markets react to President Trump’s “48-hour deadline” for Iran to open the Strait of Hormuz. The week ahead includes key inflation and labor […]
Crypto markets saw another red Monday morning as digital assets erased last week’s gains and returned to their sideways channel. The only thing going up at the moment is oil prices, with crypto, commodities, and US stock futures all falling on Monday morning. President Donald Trump said oil prices “will drop rapidly” when the “Iran […]