Oil Drops to $87 as US-Iran Peace Talks Near; US Futures Steady Into Friday Open
Oil prices extended their pullback on Friday morning as reports of a tentative US-Iran ceasefire framework boosted risk appetite globally.
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Oil Falls 1% on US-Iran Ceasefire Extension Reports; Asia Stocks Surge as Deal Awaits Trump
TL;DR Oil futures dropped more than 1% during Asian trading on Friday and are on track for their steepest
Risk Watch: Iran Targets Kuwait Base, Blocks Ships at Hormuz as Trump Weighs Ceasefire Sign-Off
TL;DR Iran fired missiles toward a US military base in Kuwait overnight while IRGC naval forces turned back four
Asia Open: Nikkei +1.7% on Iran Deal Confirmation as Missiles Keep Flying Before Friday's US Session
TL;DR * Nikkei 225 futures rose 1.7% (65,795 vs 64,693 close) as formal confirmation of a US-Iran
Iran Fires Hormuz Warning Shots as Ceasefire Deal Awaits Trump: Asian Stocks Fall, Oil Rebounds
TL;DR Iranian forces fired warning shots at four vessels attempting to cross the Strait of Hormuz on Thursday evening,
Closing Bell: Stocks Seal Records After Reuters Confirms Iran 60-Day Truce Extension, Trump Decision Looms
TL;DR US and Iranian negotiators agreed on Thursday to a 60-day ceasefire extension, with Reuters and the Associated Press
Bitcoin Below $73K: Leverage Flush Meets a $150B Treasury Liquidity Drain
Bitcoin dropped below $73,000 on Thursday, a six-week low, as nearly $1 billion in mostly long positions were liquidated. Positive funding rates left leveraged longs exposed right as a roughly $150 billion Treasury settlement drains liquidity into June 5.
Musalem Says Fed Rate Hike Probability 'Greater Than Zero' as Iran Energy Shock Keeps PCE at 3-Year High
TL;DR St. Louis Fed President Alberto Musalem said Thursday a rate hike may be necessary if inflation does not
Risk Watch: Iran Draft Deal Lacks Leadership Sign-Off as CENTCOM Flags Violation, Stocks at Session Highs
TL;DR American and Iranian negotiators say they have a draft agreement to extend the ceasefire and gradually reopen the
US Stocks Rebound to Session Highs as Core PCE Cools and Iran Deal Nears
TL;DR * US stocks rebounded to session highs around midday Thursday even after the Federal Reserve's preferred inflation