U.S. President Donald Trump said the Iran war could end in two weeks without reopening the Strait of Hormuz, which triggered a rally in European equities as risk appetite recovered. The comment eased fears of an oil supply shock at the Hormuz chokepoint, reducing the geopolitical risk premium and improving short-term market flows and investor positioning.
U.S. President Donald Trump said the Iran war could end in two weeks without reopening the Strait of Hormuz, which triggered a rally in European equities as risk appetite recovered. The comment eased fears of an oil supply shock at the Hormuz chokepoint, reducing the geopolitical risk premium and improving short-term market flows and investor positioning.
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mildly positive
Sentiment Score
0.30
