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Is there more good news? The US and Iran are about to agree on a ceasefire!
Latest reports indicate that both sides might sign a simple agreement first to end the fighting, with details discussed later. The main points are:
Iran will suspend its uranium enrichment projects, and the Strait will reopen to navigation.
The US will moderately ease sanctions and return frozen funds to Iran.
If this really happens, the impact will be significant.
Oil prices are likely to fall.
The safe-haven demand for gold and silver will decrease.
Bitcoin and Ethereum might follow a short-term rally.
The US stock market could breathe a small sigh of relief and rise slightly.
The next two days, as well as the negotiations over the next month, require close attention, as the market could change at any time.
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