📌 Global Market Recap | May 12 Markets started the week relatively calm, but geopolitical tension remains the dominant driver. Trump called Iran’s response to the U.S. 14-point proposal “weak and unacceptable,” raising concerns over stalled negotiations and a fragile ceasefire. The core dispute remains Iran’s nuclear program, sanctions relief, and oil exports. Meanwhile, the U.S. imposed fresh sanctions on 12 individuals and entities linked to Iranian oil transfers to China. 📊 Market reaction: 🔹 U.S. dollar edged higher, with USDJPY climbing to 157.21 🔹 U.S. Treasury yields moved up 🔹 Crude oil jumped to $98.34 (+$2.94) 🔹 Gold gained $23 🔹 U.S. stocks closed slightly positive: • Russell 2000 +0.33% • S&P 500 +0.19% • Dow +0.19% 🌍 Other key developments: • China’s producer inflation rose to 2.8%, signaling rising energy cost pressure • ECB officials remain cautious, waiting for more clarity on inflation and geopolitics • BOE policymakers are watching the Iran conflict before deciding on rates • U.S. existing home sales came in slightly below expectations 🎯 Market focus now shifts to today’s U.S. CPI report — likely the biggest short-term catalyst for crypto, stocks, gold, and the dollar. Bottom line: Markets are balancing inflation risk, geopolitical uncertainty, and central bank expectations. The next major move likely comes after CPI. #TrumpRejectsIranDeal #WarshTakesFedChair #BitcoinETFMSBTStreak