President Trump's Tuesday deadline for Iran to reopen the Strait of Hormuz is the key near-term event, raising geopolitical risk and the potential for market-wide volatility. A positive US jobs report released Friday (while markets were closed) partially offsets the risk and supports risk assets. Bitcoin is climbing Monday morning, indicating some risk-on flows amid mixed macro and geopolitical signals.
President Trump's Tuesday deadline for Iran to reopen the Strait of Hormuz is the key near-term event, raising geopolitical risk and the potential for market-wide volatility. A positive US jobs report released Friday (while markets were closed) partially offsets the risk and supports risk assets. Bitcoin is climbing Monday morning, indicating some risk-on flows amid mixed macro and geopolitical signals.
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mixed
Sentiment Score
-0.05
