SUNWODA

0907 | Dolphin Focus: Daily News Recap | Dolphin Research🐬 Macro/Industry

1) Iran said it will set exclusion zones around the Strait of Hormuz in the coming days, with non-compliant vessels subject to sanctions, raising concerns over a key energy chokepoint and lifting intl oil prices.

Geopolitical risk is adding a trading bid to crude; watch for any actual disruption to shipping. If the conflict keeps oil elevated, it will weigh on global consumption and manufacturing profits.

2) U.S. Labor Day today: U.S. equities are closed for the day, overseas futures have a shortened session, and HK stocks trade as usual...