Strait To New Record Highs: Hormuz Hopes Spark Risk-On Wrecking Ball Across Markets
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Markets reacted positively today, reminiscent of past times when leaders took bold actions to maintain stability. Despite mixed messages regarding the Strait and nuclear negotiations, oil prices fell, leading to declines in bond yields and the dollar, while stocks, gold, and bitcoin surged. President Trump expressed optimism, declaring it a "great and brilliant day for the world." This marks the first positive Friday since the onset of the conflict.
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