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Are the US and Iran's "scripted murder" treating the global stock market as a monkey play?
• Rumors are thinner than paper: On one side, there are "effective today" rumors, and on the other, Iran's officials dismissing "no script, no temporary ceasefire." Could this agreement have been generated by ChatGPT?
• The Strait is a switch: Once the Strait of Hormuz opens, the Nasdaq immediately "V" rebounds, suggesting global liquidity depends entirely on whether those oil tankers can pass through.
• Pakistan is worried sick: Pakistan submitted a proposal, the US and Iran stare each other down, and in the end, only the US stock market secretly recovers. This drama deserves UNESCO World Heritage status.
According to CCTV News citing the UK on the 6th, a source said that the U.S. and Iran have received a proposal for a ceasefire agreement, which could take effect on the 6th.
The source stated that Pakistan has drafted a framework to end the conflict and has communicated with the U.S. and Iran. The plan aims for an immediate ceasefire, re-opening the Strait of Hormuz, followed by reaching a final agreement within 15 to 20 days. The final agreement may include Iran’s commitment not to seek nuclear weapons in exchange for sanctions relief and the unfreezing of assets.
On the 6th local time, a senior Iranian government official said that they have received the latest ceasefire proposal from Pakistan, the mediator, and are currently reviewing the relevant details.
The official stated that Iran will not accept setting a deadline or applying pressure to force a decision. Iran will not reopen the Strait of Hormuz in exchange for a “temporary ceasefire.” Iran believes the U.S. is not yet ready to achieve a permanent ceasefire.
Stimulated by the above news, U.S. stock futures surged significantly. As of 3:35 p.m., Dow futures rose 0.04%, Nasdaq futures increased 0.4%, and S&P 500 futures gained 0.22%. Previously, Nasdaq futures fell nearly 1%, and S&P 500 and Dow futures fell nearly 0.80% at one point.
Japanese and South Korean stock markets also rose in unison. By the close, the Nikkei 225 index was up 0.55%, at 53,413.68 points; the KOSPI index in South Korea increased by 1.36%, at 5,450.35 points.