Despite repeated mixed messages, markets seem hopeful that the Iran conflict could be coming to an end after in “two to three weeks” according to Trump.
More clarity may be offered this evening at 9 pm (EST) through an “important update” on Iran.
Could this be the real deal or just another distraction?
Expectations are rising that a resolution may lift crude oil flows and ease pressure on inflation.
This should further support equities while pressuring the dollar ahead of the US NFP on Friday.
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