Hungary election: Péter Magyar’s pro‑EU Tisza defeats Orbán’s Fidesz; record turnout; forint rallies; EU budget fears ease.
Iran condemns US port blockade plans, warns Persian Gulf insecurity and threatens to block Strait of Hormuz.
S&P 500 futures slid as Iran conflict intensified, oil surged, risk-off sentiment grew, earnings season loomed.
Euro dips in Asia as Hungary’s pro-EU Tisza beats Orban, potentially easing EU policy gridlock ahead.
EUR/GBP held near 0.8700 as US–Iran talks failed; Bailey and Lagarde speeches may drive next move.
Australian Dollar mixed; risk-off sentiment after failed US–Iran talks boosted USD, markets await jobs and PPI.
USD/JPY stayed below 160 after bullish gap; Middle East tensions lift dollar, weaken yen; intervention fears cap gains.
Hungary vote hands Tisza supermajority; Commerzbank sees stronger forint, revises EUR/HUF forecast amid war risks.
Markets turned risk-averse after Iran-US talks stalled; Trump announced Hormuz blockade, boosting oil, pressuring stocks, lifting dollar.
EUR/USD eased from 1.1740, held upper-1.1600s; oil jumped on Iran tensions, Lagarde eyed, trend positive.
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