As the Pres. starts the press conference:
2 year yield 3.852%10 year yield 4.332%S&P up 14.25 points or 0.21%Nasdaq up 47 points or 0.23%Dow +61 pointsCrude oil $112.76Gold $4658Silver $72.55Bitcoin $69,647EURUSD 1.1538USDJPY 159.76GBPUSD 1.3222
Headlines from the Press conference:
The entire country can be taken out in one night and the one night may be tomorrow nightWe leave no American behind. We don’t do it.
Trump is recounting the rescue operation of the downed soldier in Iran (and repeating himself)
Oil is up to $113.77 on the comment about Iran being taken out in one night. Stocks are modestly lower..
The CIA director commended the Pres. for the rescue and the courage to leave no man behind.
Hegseth says:
Today will be largest volume of strikes since Day 1 of Iran operation. Tomorrow will be even more
Meanwhile, Reuters is reporting
two Qatar LNG tankers headed toward the Strait of Hormuz on Monday morning were among those Iran allowed to transit under Iran – US agreement reached last week.IRGC stopped Qatar tankers before transit and ordered them to hold position without explanation
IN a separate report:
Iran Foreign Minister, in call with Qatari counterpart, says Iran is interested in developing ties; says that the current situation is strictly due to US-Israel aggression
After the recount and the platitudes for Trump, it is assumed that Trump will take questions from the press.
Comments from Q&A:
Iranians should rise up against regime.But the consequences are greatIranians to protest will be immediately shot and killedWe have regime change.Not everyone was onboard for the military operation.Going through hundreds of thousands of soldiersHundreds of people could have killed.Thinks talks are going well with Iran.I hope I do not have to do it when asked about bombing power plants and bridgesWe think Iran is negotiating in good faith.Reopening the Strait of Hormuz is a big priority.
This article was written by Greg Michalowski at investinglive.com.