Fraying US – Iran Ceasefire Reignites Oil Volatility, Testing the Cross Asset Relief Rally
The 24 hour peace dividend is evaporating. Yesterday’s historic cross asset relief rally is facing severe headwinds today as the US – Iran ceasefire shows immediate signs of fracturing. For market participants, the brief window of ‘risk on’ certainty has closed, replaced by a highly fluid environment where geopolitical developments are dictating intraday price action. […]







