The U.S. and Iran Pause Exchanging Missiles
The broader risk mood is upbeat on U.S. nd Iran pause their exhcnage of strikes. Widely suspected in later Friday, U.S. has stopped their almost two week consecutive strikes and Iran replied by no more strikes as long as U.S. stops. Oman seems to be driving towards another negotiation but market participants are already front running the peace trades.
U.S. major equity indexes are higher while regional equities are mixed. AUD/USD is supported by precious metal to trade 0.21% higher at 0.6998.