Trump's post on Truth Social: "Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran. If
Asian FX: Differentiation theme with Oil and AI – OCBC OCBC strategists Sim Moh Siong and Christopher Wong expect a mixed performance across Asian FX as a fragile US‑Iran ceasefire cools Oil from recent highs but does not deliver a clean...
Comments from a senior White House adviser suggest Iran's progress may influence global energy prices and geopolitical stability. A senior White House adviser indicated Iran is making significant progress, potentially altering its geopolitical and economic stance. The rema
Diplomatic progress between the US and Iran fuels risk appetite, driving the S&P 500 to all-time highs amid easing geopolitical tensions. The S&P 500 reached new record highs as optimism grew over a potential US-Iran deal to end the conflict. Reports indicated both sides w
A $12 billion stockpile of critical minerals held by the U.S. could distort supply chains and pricing, analysts warn. The U.S. government holds a $12 billion reserve of critical minerals, including rare earths and lithium, accumulated under former President Trump. The stoc
The ride-hailing giant projects robust demand despite geopolitical tensions impacting operations in the Middle East. Uber expects second-quarter bookings to exceed prior forecasts, driven by strong consumer demand across core markets. The outlook reflects resilience despit
the Iranian navy says that "with the end of threats from aggressors and in light of new procedures, safe and stable transit through the Strait of Hormuz will be possible". In a statement, the Iranian navy says that "with the end of threats from aggressors and in light of n
Iran ensures safe strait transit Iran's Revolutionary Guards Navy has announced that with the end of threats from aggressors, safe and stable transit through the strait will be possible. The new procedures are expected to facilitate smoother passage. This d
US boosts efforts to end war The US has increased its efforts to bring an end to the ongoing war. The move is part of a broader strategy that also involves preparations for interactions with China. Immediate market reaction is not available at this time.
Global central banks pause easing push due to Iran war The Iran war has prompted central banks to pause their easing push in April. This move comes as a response to the increased uncertainty and risk in the global economy. The pause in easing is expected to