The Hormuz Mirage Fools The Markets!

This is our weekly market update, where we start in the US cross to Europe and Asia and end in Australia, covering commodities and crypto along the way. We saw dominoes falling in the middle east this week as Israel who has been battling Hezbollah, a key ally of Tehran and Lebanon agreed to a 10-day ceasefire. Iran has linked a ceasefire in Lebanon with conditions for a pause in the fighting with Washington. Trump said that he hoped Hezbollah “acts nicely.” Following this, Friday saw a flurry of social media posts from Iran and Trump, suggesting the Strait of […]