Trump Says Deal Is "Just a Few Days Away," But He May Not Have the Final Say
Trump is once again saying "soon." On Monday, he stated that the US-Iran peace agreement could be signed this Monday, Tuesday, or Wednesday, and emphasized that the maritime blockade on Iran would "remain unchanged and fully effective" until a "final agreement" is reached. Brent crude fell from $98 to $94, obviously the market is trading on the expectation that an agreement is imminent.
The problem is, the premise of this scenario might be wrong.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strong Demand for AI Memory Drives Growth Outlook! DA Davidson Raises Micron Technology (MU.US) Target Price to $3,000
DA Davidson reiterated its "Buy" rating on Micron Technology and significantly raised its target price from $2,100 to $3,000. This target price represents nearly 176% upside compared to the stock's closing price of $1,088.00 on Wednesday.
Trump Says Military Actions Against Iran “Must End,” Media Reveals US Military Has Prepared “Pre-Election Strike Plan,” Oil Prices Surge
Although Trump has stated that "the action must be wrapped up," whether the approach will be "soft or tough" remains undecided. More importantly, in order to boost the election campaign, the White House is planning a "limited strike" against Iran before the election, which is in stark contrast to the previous mainstream market expectation of "pre-election restraint." Coupled with the storm in the Gulf of Mexico shutting down over 25% of crude oil production, frequent attacks on oil tankers in the Strait of Hormuz, and record highs in transnational shipping costs, Brent crude oil has risen above $101.
Dollar rises, Euro in peril
Microsoft teams up with Nvidia to release flagship Surface device and simultaneously launches the "Lobster" personal assistant Scout
Microsoft has partnered with Nvidia to launch the flagship laptop Surface Laptop Ultra, equipped with the RTX Spark chip and starting at $2,599, claiming AI performance surpassing the Apple MacBook Pro M5. At the same time, during the Build conference, Microsoft introduced the AI agent product Microsoft Scout, positioned as an "always-on personal agent," deeply integrated with the Microsoft 365 ecosystem and targeting enterprise collaboration scenarios.
Crypto prices
More
