Markets are roaring back—South Korea’s Kospi surged 18% in one day, the biggest jump ever, while U.S. futures climbed on renewed optimism tied to Trump’s shifting Iran rhetoric. Tehran’s regional allies are escalating tensions, with Houthis threatening shipping lanes and Iran warning neighbors of retaliation, giving it a strategic edge in deterrence. Meanwhile, key U.S. economic data looms, including private payrolls and the jobs report, as Fed comments spark speculation about policy shifts.
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