News

US President Trump: Iran has just announced that the "Iran Strait" has been fully opened and is ready for full passage.

European Central Bank President Lagarde: Europe needs a strong economy and sound public finances.

Money markets lowered the probability of the European Central Bank raising interest rates in April to about 8% from 15% earlier in the day.

The market is pricing in that the European Central Bank's deposit rate in December will be 2.43%, compared with the previous forecast of 2.5%, because Iran stated that the Strait of Hormuz will be fully open during the remaining period of the ceasefire.

European Central Bank President Lagarde: The trend of inflation depends on the duration and intensity of the war.

European Central Bank President Lagarde: We are paying close attention to the situation.

European Central Bank President Christine Lagarde: Inflation could rise above the benchmark, especially if inflation expectations and wage growth react more than expected.

S&P 500 futures rose 0.8%, Nasdaq futures rose 0.9% and Dow futures rose 1.1%.

The interest rate swap market has shown a dovish turn and is now pricing in a 15 basis point rate cut by the Federal Reserve in December.

U.S. futures markets extended gains after Iran's foreign minister said the Strait of Hormuz was fully open for the remainder of the ceasefire agreement.

The Euro Stoxx 600 index expanded to 1%, hitting a new intraday high.

The Stoxx Europe 600 Oil & Gas Index fell sharply and is currently down 2%.

European natural gas prices fell by 7.4%.

The Europe Stoxx 600 index expanded to 0.5%, hitting a new intraday high.

S&P 500 futures and Nasdaq 100 futures climbed to session highs.

Market News: Spain and Brazil signed a memorandum of understanding on rare earth cooperation.

U.S. Treasury yields fell on reports that the United States and Iran are negotiating a three-page plan to end the war.

Source: The United States is urging G20 countries to take action together with the International Monetary Fund and World Bank.

Sources: The United States is leading a G20 initiative to promote coordinated action to secure fertilizer supplies and address disruptions to food trade supply chains.

Bank of England chief economist Peel: I think the current bank interest rate is restrictive. But obviously, our policy is much looser than when the interest rate was 4.5%.