Investors size up landmark new chapter for Hungary post-Orban.Investors are banking on a positive new chapter for Hungary as incoming Prime Minister Peter Magyar insists there is no time to waste following his resounding defeat of Viktor Orban - provided he can stick to his plans.
Optimism Weighs on the Greenback.North American participants shrugged off the pessimism seen in Asia Pacific and Europe yesterday after the US-Iran negotiations broke down over the weekend. The optimism was contagious and reports that another round of negotiations are being contemplated during the ceasefire that expires next week.
Sterling back to pre-war levels amid hopes for Iran conflict resolution.The British pound rose against a slightly weaker U.S. dollar on Tuesday, trading at levels last seen before the Iran war as markets hoped for a resolution to the conflict.
Markets Wobble After Fruitless Talks.The second week of April in the financial markets was influenced mostly by the 2-week ceasefire between the US and Iran, which was perceived positively by markets.