Iran Worries

The upcoming Speech by Israel PM regarding new Information on Iran  violating Sanctions  and comments from Local iran media saying deal is dead has provided a bid for oil and reason to sell risk.Brent +.4% and NDX -.75%,Bonds +13 ticks and Bunds +22.US yield curve 2s10s flatter ,as short end  unchanged on day.Fed meeting on Wednesday will keep short end contained unless something really drastic would occur.The key to these new revelations is what Trump will say or do,market believes that he will use it  to cancel Iran deal

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.