US President Trump suddenly released signals that the situation in the Middle East may cool down, stating that the US and Iran have had "very good and productive dialogue" over the past two days regarding the "comprehensive and complete cessation of hostilities," and ordered a 5-day postponement of military strikes targeting Iranian power plants and energy infrastructure.
Although the Iranian Foreign Ministry and Iranian political figures quickly denied that negotiations between the US and Iran had taken place, this statement still triggered intense "risk appetite restoration" trading in global financial markets.
International oil prices plummeted during the session, European and American stock markets surged significantly, the dollar fell across the board, safe-haven assets and risk assets were repriced simultaneously, and cryptocurrencies also strengthened significantly. $BTC
BTCUSDT
Perp
66,300
-0.64%
ETHUSDT
Perp
1,993.07
-0.80%
BNBUSDT
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608.47
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