Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday, the 6th of April. Here is what to look out for today.

Sentiment
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Stocks climbed as investors cautiously returned to stocks on optimism that the six-week-old Middle East conflict could be curtailed, following reports that Iran is negotiating a truce. Crude oil saw its gains reversed.

Traders are looking for any headlines that could influence mood after the Iran war clouded the outlook and fuelled inflation fears, upsetting expectations for Fed rate cuts. The focus is on energy prices and the closure of the Strait of Hormuz, a critical route for Middle Eastern oil flows.

A number of Asia-Pacific economies, including China, Hong Kong, and Australia, have closed their financial markets on Monday. Many European markets are also closed.