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Market Briefing
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Trump said nuclear talks with Iran are progressing but warned of military action against infrastructure if they collapse, yet Brent crude still fell 4.83% as easing supply fears around the Strait of Hormuz outweighed the threat. Lower oil prices partially restored risk appetite, but a third straight monthly decline in US consumer confidence and rising concern over AI capex burdens keep the growth-versus-earnings channel a drag on equities. In Japan, the government reaffirmed its consumption tax cut push while Finance Minister Katayama stressed yen stability, so watch USD/JPY and any renewed Hormuz escalation as the next repricing triggers for oil and risk assets.
As a Macro signal, watch whether it changes price action, volatility, or flows around BZ=F, CL=F, JPY=X.
Original Source: 토큰포스트
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