No Sign of Progress in Middle East
The second day of the week yet we are short from seeing any sign of improvement in the geopolitical field. One can be partially comforted on the somewhat lack of escalation as Iran seems to stop their tit for tat retaliation but we are far away from normalization. Trump di make some remark that is upbeat yet not reliable. U.S. equities are still recovering while regional equities perform individually.
AUD/USD is trading 0.05% higher at 0.7048.