TRUMP SIGNALS PROGRESS WITH IRAN DEAL WHILE BLOCKADE REMAINS — MARKETS MAY SHIFT TO RISK-ON WITH CAUTION.
→ Progress toward agreement = risk-on sentiment
→ Indices likely push higher (relief rally)
→ Rising on weaker USD and positioning
→ “Project Freedom paused” = less immediate supply disruption fear
→ Risk-on weakens USD, but blockade still active limits downside
• Bullish reaction comes from “agreement progress”
• But capped because blockade still remains
So expect:
• Initial spike (risk-on)
• Then volatile consolidation (uncertainty remains)
Indices ↑ | Gold ↑ | Oil ↓ (short-term)
But not a clean trend — headline-driven whipsaws likely
