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Trump announced a total US naval blockade of Iran plus a 20% toll on all Hormuz shipping, sending WTI up $6.24 to $77.64 and driving fresh strikes on commercial vessels, with a Thursday speech that could signal an extended campaign. The supply shock is stagflationary for risk assets: 2-year yields hit a one-year high at 4.26% after Fed's Waller completed his hawkish reversal and said a hot core inflation print this week could put rate hikes on the table, pressuring the Nasdaq down 1.7% and S&P 500 down 0.8% while the dollar led and gold fell $121 to $3,998. Watch Tuesday's core inflation data and Thursday's Trump speech as the key catalysts for whether the market reprices toward hikes and a prolonged Gulf disruption.
As a Macro signal, watch whether it changes price action, volatility, or flows around CL=F, GC=F, IXIC.
Original Source: InvestingLive News
This page is market information analysis, not investment advice.
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