Trump said Iran appeared to be 'standing down' but added the U.S. will 'immediately impose additional punishing economic sanctions on the Iranian regime.'
Trump then said Iran appeared to be "standing down" but added the U.S. will "immediately impose additional punishing economic sanctions on the Iranian regime.""The main driver was President Trump's delayed response to the missile strike yesterday, suggestive that he was taking a more cautious approach his usual demeanour and prior tweets suggested," Tapas Strickland, director of economics and markets at the National Australia Bank, wrote in a morning note.
"Markets have now largely unwound the risk-off moves that have occurred since Friday," Strickland added.
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