18d • General
US-Iran Deal - 15 Jun
Great news - US and Iran had struck an interim deal that is expected to extend the ceasefire and reopen Hormuz and get the oil flowing!
Markets reacted - not super big moves but noticeable:
- Energy down
- Yields down
- Equities up
The risk though is if Iran says something unexpected that puts the deal at risk. Volatility looks to remain though market looks cautiously optimistic.
Thoughts anyone?
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US-Iran Deal - 15 Jun
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