Geopolitics
[MARKET UPDATE] Crude falls as Trump says they are working on a deal with Iran; upticks seen in stocks, bonds, and losses in the DXY as a result
News detail
WTI Jul fell from USD 96.80/bbl to around USD 95.80/bbl before finding a floor around USD 96/bbl. ES rose from USD 7611 to 7622 over four minutes before trimming gains to 7615 a few minutes later. UST futures rose from 109-15 to 109-17 in three minutes before paring to 109-16 a few minutes later. Spot gold rose from USD 4450/oz to USD 4467/oz over five minutes before paring back to 4460. DXY fell from 99.329 to 99.274 in three minutes before trimming losses to 99.336.
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