US President Trump said Iran had asked for a halt to US attacks and negotiations are still ongoing. Trump mentioned that he would not use nuclear weapons, but warned that they may have to go to Pickaxe Mountain.
European bourses traded mostly firmer in a rebound from recent selling pressure; TSLA +5% in pre-market trade after Musk unveiled a “flying” car.
DXY is under pressure after Fed Chair Warsh avoided any rate guidance; Antipodeans lead given the risk tone.
Crude benchmarks edge lower; Trump mentioned that Ukrainian President Zelensky is not a good guy to deal with.
Looking ahead, Highlights include US Import/Export Prices (Sep), Industrial Production (Sep), Credit Ratings update from Morningstar DBRS on Italy.
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