After Trump canceled the planned strike on Iran and said the deal was "basically done," with an expected signing over the weekend, oil prices plummeted, and gold reclaimed the $4,200 level. The risk of the Strait of Hormuz closing quickly faded.

Looking forward to SpaceX's deal gradually erasing the shadow of the earlier Middle East conflict.

If oil prices fall back, gold continues to rebound, the dollar appreciates, and market confidence recovers, everything can be expected.

Longbridge - Hotspot
Hotspot

☕️ [Task Coins Giveaway] Daily Market Talk — SPCX Debuts, Semis Surge 8%

SpaceX starts trading today as semiconductors surge 8% on Iran-deal relief, TSMC mulls a 15% price hike, and Adobe drops after its CFO resigns to join Marvell.

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.