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EU Market Open: Europe set for a modestly weaker open despite losses stateside, ahead of Bessent announcement
US Treasury Secretary Bessent wrote in the FT that economic D-Day is coming for Iran, and countries that calculate appeasement of the regime to be a safer choice should reconsider.Iran warned, "If the economic war continues, not a single drop of oil will be exported٫ neither through the Strait of Hormuz nor from anywhere in the Persian Gulf.”Trade discussions between the US and Canada collapsed on Friday; Canadian PM Carney vowed to retaliate by matching tariffs dollar-for-dollar on US goods from September 8th.Crude futures pulled back after last week's advances, and with the absence of any…
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