WTI TECHS: (Q6) Gains Appear Corrective

Jul-08 11:31

* RES 4: $100.10 - High May 18 and the bull trigger * RES 3: $93.42 - High Jun 3 and a key resistanc...

Historical bullets

CROSS ASSET: Fars Headlines Drive Latest Containd Bounce In Risk Sentiment

Jun-08 11:21

These headlines from Fars contributing to a fresh - albeit contained - bounce in risk sentiment, with Brent crude and the BBDXY falling to fresh session lows.

Bund futures registered a knee-jerk high of 125.55, but have since slipped back to 125.46.

Although a cessation of Iranian military actions against Israel are a positive development, markets still require stronger signals of US-Iran negotiations restarting.

US TSY FUTURES: BLOCK: Large Sep'26 2Y Buy

Jun-08 11:17
  • +11,220 TUU6 102-31, post time offer at 0704:20ET, DV01 $452,300.
  • The 2Y contract trades 102-31.62 last (+.25)

IRAN: Fars News: Halt to Armed Forces Operations is Announced

Jun-08 11:14

Fars News Agency – “a halt to the operations of the armed forces is announced” – full post:

The Central Headquarters of the Seal of the Prophets (PBUH):

Following the aggressions and evils of the brutal Zionist regime in southern Lebanon and the Dahiya region, which were carried out with the support of the criminal America, the powerful armed forces of the Islamic Republic of Iran, in support of the oppressed people of Lebanon, gave a painful response to this regime.

 

????A response from which the fake Zionist regime and its supporters should have learned a lesson.

 

????Accordingly, a halt to the operations of the armed forces is announced; but it is emphasized that if the aggressions and evils continue, including in southern Lebanon, much more severe and crushing measures will be on the way.