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EU Market Open: Iran reiterates that the Strait will not reopen until its conditions are met; European equities set for a slightly lower open
US President Trump said that he will be making a decision on Iran; Iran said the Strait of Hormuz will not reopen until its conditions are met.
APAC stocks began the week mostly higher in holiday-thinned conditions; US equity futures pared early upside in the absence of major fresh catalysts.
DXY strengthened to start the week; EUR/USD weakened overnight to its lowest since May last year, with the single currency not helped by the unrest in France.
Crude futures ultimately retreated despite the initial upside seen amid the ongoing US-Iran stalemate; 10yr UST futures gradually rebounded…
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