Crude oil advanced in volatile trading and equities lost momentum as investors remained wary ahead of President Donald Trump’s deadline for Iran to make a peace deal, with tentative ceasefire signals tempered by the risk of further escalation. Brent rose 1.2% to trade above $111 a barrel after swinging between gains and losses in the run-up to Trump’s Tuesday 8 p.m. Eastern Time deadline. Global equities — after gaining Monday on ceasefire hopes — fluctuated as uncertainty about the war kept investors on the sidelines. US stock-index futures fell 0.4%. Asian shares trimmed earlier advances to rise 0.5%, led by technology stocks, which are viewed as less exposed to the six-week conflict in the Middle East. Contracts indicated a tepid open for European stocks. Traders are cautious ahead of Trump’s deadline as uncertainty over escalation risks, oil supply disruptions and policy responses limits conviction despite tentative ceasefire signals. Attention remains firmly on the Strait of Hormuz — a key artery for Middle East oil flows — with the US president insisting any deal must ensure uninterrupted transit through the waterway. A JPMorgan Chase & Co. gauge of one-month volatility in Group-of-10 currencies rose 17 basis points to 7.98% on Monday, though it remained within a recent range, signaling mild rather than severe concerns about the coming deadline. Trump said talks with Iran are “going well” ahead of the deadline to agree to a deal, even as he insisted that freedom of navigation through the Strait of Hormuz must be part of any accord. If Iran doesn’t agree to the US’s terms, the military may destroy “every bridge in Iran by 12 o’clock tomorrow night” and put every power plant “out of business,” Trump warned Monday. Lombard Odier’s Homin Lee lays out potential outcomes for investors as the Strait of Hormuz remains closed and economies around the world remain exposed to higher oil prices. In other corners of the market, gold swung between gains and losses to trade around $4,650 an ounce. Treasury 10-year yields gained one basis point to 4.34%. Bitcoin fell more than 1.5% to trade around $68,700. The US president’s self-imposed deadline marks the latest pivotal moment in the war, which has killed thousands of people and triggered the largest-ever disruption to the global oil market. The president has struggled to find an off-ramp to the conflict — increasingly unpopular with Americans who are seeing average gasoline prices above $4 a gallon. Iran reportedly passed a rejection of a ceasefire proposal to mediator Pakistan. It demanded a permanent end to the war, lifting of sanctions, and reconstruction efforts, in addition to protocol for safe passage through Hormuz, according to the state-run Islamic Republic News Agency. Asian and US equities had risen on Monday amid hopes for a ceasefire. Axios reported that US allies are pressing for a last-minute deal with Iran, citing sources with knowledge of the talks. US After Hours Managed care names strong after-hours after CMS finalizes MA and Part D payment policies; AVGO +2.6% on agreement with Google; CASY +1.2% on news it will join S&P 500.
Nikkei +0.01% Hang Seng -0.70% CSI -0.27% Shanghai +0.12% Shenzen +0.40%
Eur$ 1.1535 CNH 6.8762 CNY 6.8751 JPY 159.76 GBP 1.3232 CHF 0.7987 RUB 78.9856 TRY 44.6109 WTI$ 115.28 +2.56% Gold 4,654 -0.14% BTC 68,778 -1.51% ETH 2,111 -1.74%
S&P -0.48% Nasdaq -0.60% EuroStoxx +0.09% FTSE +0.21% Dax +0.09% SMI -0.26%
Macro :
- US Allies Work on Plan B for Hormuz Strait If Trump Walks Away
- Systematic Funds Slash Exposure to Stocks, Deutsche Bank Says
- Systematic Funds Slash Exposure to Stocks, Deutsche Bank Says
- Trump to Impose 100% Tariff on Some Drugs as Trade Barriers Rise
- First Prediction Market Note Offers Nvidia Bets With Less Risk
- SpaceX Is Said to Target More Than $2 Trillion Valuation in IPO
- Hegseth Asked US Army Chief to Step Down, Pentagon Says
- Macron Says France, South Korea Can Work Toward Hormuz Stability
- S. Korea, France to Cooperate in Nuke Power, AI, Mineral Supply
- Goldman, Citadel Clash With Retail Brokers Over Options Clearing
Keep an eye on :
Keep an eye on :
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- ALPHA GA : Alpha Bank Submits Voluntary Tender Offer for Alpha Trust Shares
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- AMZN US : Jeff Bezos’s new lab hires xAI co-founder from OpenAI - FT
- AMGN US : Amgen: Tepezza Trial Met Key Primary, Secondary Endpoints
- Anthropic IPO : UK Courts Anthropic to Expand in London, FT Reports
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- AVGO US : Broadcom Names Amie Thuener as New CFO
- AVGO US : Broadcom Rises on Pact With Google to Develop, Supply TPUs (1)
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- DoctoLib : Startup Doctolib’s Value Falls 38% in Secondary Sale (Correct)
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- SATS US : Iridium, Viasat Stocks Surge. Why a Bid for a Satellite Rival Is Good News.
- XOM US : Italy to Get LNG From QatarEnergy-Exxon’s Golden Pass: Reuters
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- LLY US : Eli Lilly’s Foundayo to Be Offered on TrumpRx, CBS Reports
- EVT GY : Evotec Nominates Dieter Weinand as Supervisory Board Chairman
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- GOOGL US : Turkey Launches Antitrust Probe Into Google for Ad Invoicing
- GOOGL US : OpenAI, Anthropic, Google Unite to Combat Model Copying in China
- GRF SM : Grifols’ Canadian License Restricted After Plasma Deaths
- IMPN SW : Implenia Wins Contract in Germany With More Than EU200M Volume
- IPI US : Intrepid Potash Sells Intrepid South Ranch for $70 Million
- IPN FP : Ipsen Says Beech Tree Gets Exemption From Tender Offer
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- KKR US : KKR, Aermont Exploring Takeover of Park Holidays: Sky
- LDO IM : Italy Likely to Replace Leonardo CEO Cingolani, Repubblica Says
- LBTYA US : Liberty Global Is Said to Tap Goldman Sachs for Wyre Stake Sale
- LHA GY : Lufthansa, Air France-KLM Submit Bids for Portugal’s TAP
- MAHAA SS : Maha Capital Closes KEO World Takeover, Raises $27 Million Via Share Issuance
- META US : Meta-backed data centre seeks $3bn for campus with novel financing
- MSFT US : Microsoft Hit ‘Audacious’ Copilot Goals After Wall Street Input
- BMPS IM : Glass Lewis Recommends Investors Back Paschi’s Board List
- NANO FP : Nanobiotix ADR +5.54% in NY, only 22k shares
- STIM US : Neuronetics Holder Jorey Chernett Calls for Review of Options
- NEX FP : Nexans, Sonepar Fined in France Over Cable Import Rights
- NOVOB DC : Novo Nordisk CEO Says Huge Upside to Weight-Loss Market: FT
- Open AI : OpenAI Confirms Acquisition of TBPN
- PSKY US : Jeff Shell Begins Preliminary Talks to Exit as Paramount President
- PSKY US : Jeff Shell Begins Preliminary Talks to Exit as Paramount President
- PUIG SM : Puig and Estée Lauder meet in New York to negotiate the merger
- SAN FP : Sanofi’s Lunsekimig Met Primary Endpoints in Phase 2 Studies
- SLNO US : Neurocrine Nears Over $2.5b Deal to Buy Soleno Therapeutics: FT
- Space X IPO : SpaceX Is Said to Target More Than $2 Trillion Valuation in IPO
- Space X IPO : SpaceX’s IPO Pitch Centers on Musk’s Ability to ‘Sell the Dream’
- VOYG US : Space, Satellite Stocks Rise on $2T SpaceX IPO, Moon Mission
- TEF SM : Telefonica Dividend Projection Rises 100% in Bloomberg Model
- HO FP : French Military Orders Fifth Frigate From Naval Group
- TTE FP : Shell, Total Among Those Eyeing US Gulf Field Stake: Rtrs
- TTE FP : Shell, Total Among Those Eyeing US Gulf Field Stake: Rtrs
- UAL US : United Airlines to Increase Checked Bag Fees by $10
- VTURA NO : Ventura Offshore Secures Contract Extensions for Drilling Rigs
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