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US Market Open: Positive risk tone as Trump comments outweigh tit-for-tat strikes
US struck around 90 Iranian military targets. In return, the IRGC said it attacked two US bases in Bahrain and two in Kuwait.CNN reported that US President Trump is losing patience with the pace of negotiations, particularly on nuclear.Crude benchmarks were firmer overnight, but moved lower as the European morning progressed as markets reacted to Trump’s remarks that Iran wanted to make a deal. Brent Sep’26 now off lows, and now flat.European bourses are firmer, with US equity futures also following suit; NQ +0.6%.G10s are mostly firmer against the slightly lower USD; Kiwi outperforms.Looking…
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