1. Speculation of a US-Iran deal is significantly pressuring US Treasury yields and crude oil prices, while the US Dollar also weakens.
2. The chip sector is strengthening, driven by bullish statements from the CEOs of ASML and Micron regarding strong AI demand and potential future supply tightness.
3. Precious metals like gold and silver jumped sharply along with gains in major US stock indices, signaling a positive 'risk-on' sentiment in the market.
Iran Deal Hopes Tank Oil & Yields, Chip Stocks Rally on AI Hype, Precious Metals Surge