IRANIAN, SAUDI FOREIGN MINISTERS DISCUSS IN PHONE CALL BILATERAL RELATIONS, REGIONAL DEVELOPMENTS - IRANIAN FOREIGN MINISTER ON TELEGRAM

US equities rallied sharply Wednesday as a two-week US-Iran ceasefire raised hopes for a reopening of the Strait of Hormuz. The Dow Jones jumped 2.8% (+1,300 points), the S&P 500 rose 2.5%, and the Nasdaq gained 2.8%. Brent crude fell 11% to $96/bbl, while WTI dropped nearly 14% to $96/bbl. President Trump called it a “double sided CEASEFIRE,” and Iran’s Abbas Araghchi confirmed safe passage through the strait during the period.

纽约期铜日内涨幅达4.00%，现报5.7860美元/磅。