Turmoil around Iran and stable data from the USA

President Donald Trump has drawn the attention of financial markets by commenting on the geopolitical situation with Iran. Trump indicated that Iran has delivered eight oil tankers to the United States, which may suggest a rapprochement in trade relations; however, his statements were contradictory. On one hand, he stated that Iran has a chance to reach an agreement, while on the other hand, he expressed doubts about his willingness to cooperate. Meanwhile, Iranian media, citing anonymous sources, reported that Tehran is expecting a response from the USA to its proposal. This situation is significant as it affects oil prices and the overall sentiment of investors, which according to the Fear & Greed Index still hovers around extreme fear.

In the context of the US domestic economy, the published data on the number of new unemployment claims showed alignment with forecasts. This figure was 210 thousand, which is in line with analysts' expectations and slightly higher than the previous 205 thousand. Stability in the labor market is a key indicator for the Federal Reserve regarding future interest rate decisions, which remain at 3.50-3.75%. Expectations for the next FOMC decisions indicate that this level will be maintained, suggesting that the Fed is satisfied with the current economic situation and does not see the need for drastic changes.

Upcoming geopolitical events

Upcoming geopolitical events may significantly impact the markets, especially regarding US-Iran relations. It is worth paying attention to any new information from this front. Meanwhile, labor market data confirms the stability of the US economy, which may influence the Fed's decisions. Tomorrow, it will be crucial to monitor further statements from the US administration and any potential reactions from Iran.