CEASEFIRE HOLDING- RETURN TO RUM

CEASEFIRE HOLDING so far

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PEACE AT LAST? WHAT DOES THAT HAVE TO DO WITH INVESTING?

The four days starting with President Trump’s decision to bomb Iran’s nuclear sites and ending with President Trump engineering a ceasefire between Israel and Iran is beneficial short term (fewer people are killed from either side) but clearly tentative. The immediate speculative impact as judged by the commodity markets are:

1. Stock market up slightly

2. US Interest rates flat to slightly lower

3. Japanese JGB flat

4. BUT, Crude oil - a major drop back toward the lows of @ 60 per barrel

   

   LINK to Chart: https://futures.tradingcharts.com/chart/CO/C5