Tensions between the US and Iran ease, TACO’s prediction holds true once again, oil prices fall while equities rise, Bitcoin accelerates its rebound, and markets await Changxin’s listing.
1 days ago
Overnight to this morning, tensions between the US and Iran have continued to ease. Iran's Ministry of Foreign Affairs confirmed that information exchanges between Iran and the US remain ongoing, and mediators are continuing their related efforts. All of this is based on Trump's suspension of strikes against Iran. It can be said that against the backdrop of rising US Treasury yields and oil prices, TACO has come true again. Affected by this, international oil prices opened lower. As of press time, according to Bitget's market data, WTI crude oil is trading at $83.608, down 6.26% in 24 hours. Nasdaq futures opened 1.4% higher on Monday, while S&P 500 futures rose 0.76%. The 10-year US Treasury yield also fell, now at 4.632%, down 1% in a single day. Separately, according to HTX's market data, Bitcoin started an accelerated rebound this morning, now trading at $65,416.76, up 1% in 24 hours. In addition, Changxin Technology listed on China's STAR Market today. As of press time, the stock's contract on tradexyz is trading at $6.5424.
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