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Trump address reignites tension; Equities slip, yields higher, DXY regains 100 – Newsquawk EU Market Open

News Snapshot:

US President Trump said in his primetime address that the mission in Iran will be finished very fast and the US will hit Iran very hard over the next 2–3 weeks.Trump warned that the US will strike Iran’s electric plants if there is no deal and could also target its oil facilities.Crude futures climbed with WTI crude ascending back above the USD 105/bbl level after the tough talk from US President Trump at his primetime address dampened hopes of a de-escalation.DXY strengthened as risk sentiment soured alongside US President Trump's primetime address; 10yr UST futures declined as higher oil prices…

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