Off Ramps, On Ramps By Benjamin Picton, Senior Market Strategist at Rabobank Markets are in a jubilant mood as Donald Trump announced that Israel and Iran have agreed to a ceasefire to begin within hours. Brent crude prices have fallen by more than 7% at time of writing to $71.48/bbl and US equity indices have finished the day higher across the board. Equity futures in North America and Asia are also pointing higher. Trump’s announcement followed an Iranian missile strike on the United States’ Al Udeid base in Qatar. The New York Times reports that Iran had provided backchannel notification… — Continue at ZeroHedge News : Read More
