Today is a Triple Witching day for the financial markets. On days like this, index options, stock options, and futures contracts expire at the same time, so price moves can become sharper and more irregular than on normal days.
Also, today is both monthly and quarterly OPEX day. So getting ready for volatility. Buckle up!
There is a lot of misleading information about Hormuz. People are interpreting the map incorrectly. For Hormuz to be open, that green area would need to be filled with red triangles (oil tankers) right now. Look, they are waiting at the entrance and exit of the strait
Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement.
When two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation.
President Trump’s leadership is vital for global peace, stability, and prosperity. India fully supports his efforts for peace.
I look forward to working closely with him to take our partnership to unprecedented heights.
@POTUS@realDonaldTrump
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