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EU Market Open: Oil and USD tumble as US pauses strikes on Iran; Equity futures, Fixed and FX peers benefit
US equity futures gapped higher following the pause in US strikes on Iran since Friday night; Risk sentiment underpinned by a decline in oil prices and yields.US CENTCOM commander Cooper advised the Pentagon and the White House that the next possible step is to return to a large-scale military operation.Iranian media reported that an oil tanker exploded in the Strait of Hormuz after hitting a naval mine when it deviated from a navigation route designated by Iran.Yemen’s Houthis said they carried out operations against Aramco facilities in Saudi’s Jizan and Yanbu.European equity futures…
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