{"id":433412,"date":"2026-07-09T18:57:52","date_gmt":"2026-07-09T11:57:52","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-session-wrap-a-more-pensive-mood-as-markets-digest-us-iran-headlines-433412\/"},"modified":"2026-07-09T18:57:52","modified_gmt":"2026-07-09T11:57:52","slug":"investinglive-european-session-wrap-a-more-pensive-mood-as-markets-digest-us-iran-headlines","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-session-wrap-a-more-pensive-mood-as-markets-digest-us-iran-headlines-433412\/","title":{"rendered":"investingLive European session wrap: A more pensive mood as markets digest US-Iran headlines"},"content":{"rendered":"<div>\n<p>Headlines:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/news\/us-president-trump-reaffirms-that-iran-called-a-while-ago-and-that-they-want-to-make-a-deal\">US president Trump reaffirms that Iran called a while ago and that they want to make a deal<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/commodities\/oil-prices-continue-to-surge-amid-heightened-us-iran-tensions-and-renewed-supply-fears\">Oil prices continue to surge amid heightened US-Iran tensions and renewed supply fears<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/forex\/dollar-holds-lower-after-trump-says-that-iran-wants-to-make-a-deal-again\">Dollar holds lower after Trump says that Iran wants to make a deal again<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/ecb-s-escriva-the-ecb-cannot-adjust-monetary-policy-in-response-to-every-geopolitical-development\">ECB&#8217;s Escriva: the ECB cannot adjust monetary policy in response to every geopolitical development<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/central-banks\/all-members-viewed-risks-to-inflation-outlook-as-being-to-the-upside-ecb-accounts\">All members viewed risks to inflation outlook as being to the upside &#8211; ECB accounts<\/a><\/li>\n<li><a href=\"https:\/\/investinglive.com\/news\/japan-chief-cabinet-secretary-says-government-is-watching-markets-with-high-sense-of-urgency\">Japan chief cabinet secretary says government is watching markets with high sense of urgency<\/a><\/li>\n<\/ul>\n<p>Markets:<\/p>\n<ul>\n<li>WTI crude up 0.7% to $74.01<\/li>\n<li>NZD leads, USD and CAD lag on the day<\/li>\n<li>European indices slightly higher; S&amp;P 500 futures up 0.2%<\/li>\n<li>US 10-year yields up 2 bps to 4.587%<\/li>\n<li>Gold up 0.7% to $4,105<\/li>\n<li>Bitcoin up 1% to $62,704<\/li>\n<\/ul>\n<p>It was a pensive session as market players took the time to digest the latest US-Iran developments this week.<\/p>\n<p>While the US and Iran continue to exchange strikes against each other, US president Trump proclaimed that Iran had called him up earlier today in asking for a deal to be made.<\/p>\n<p>Sound familiar? It is because that is exactly the same kind of situation we found ourselves before the ceasefire deal was brokered. So, more than a month later and yet we are still back to dealing with the same narrative as before. Nonetheless, it at least still shows some appetite for TACO\/de-escalation.<\/p>\n<p>That being said, markets remain cautious with oil prices continuing to stay more volatile on the session. WTI crude fell to around $72.40 before trading back up by 0.7% now to $74.01 on the day. That comes as more headlines crossed the wires in indicating further attacks between the US and Iran in the meantime.<\/p>\n<p>The US dollar also fell a bit early on but have now pared most of those losses. EUR\/USD went up to a high of 1.1450 but is now trading back to 1.1425, just up 0.1% on the day. Meanwhile, GBP\/USD also traded up to 1.3430 before falling back to flat at 1.3385 currently.<\/p>\n<p>Besides that, equities remain cautious as well but tech shares are hoping to try and catch a bounce after another sluggish showing yesterday. S&amp;P 500 futures are up 0.2% while Nasdaq futures are up 0.7%. Chipmakers are looking to bounce back with both Micron and Sandisk up near 5% in pre-market.<\/p>\n<p>In other markets, 10-year Treasury yields are up 2 bps to 4.587% again after a drop to around 4.56% earlier in the day. And looking to precious metals, gold is up 0.7% to $4,105 with silver up 1.1% to $58.98 on the day.<\/p>\n<p>                            This article was written by fl9bde53b91e184082bbe3aa3acaaf2cb0 at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Headlines: US president Trump reaffirms that Iran called a while ago and that they want to make a deal Oil prices continue to surge amid heightened US-Iran tensions and renewed supply fears&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433412","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433412"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433412\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}