{"id":379,"date":"2026-05-29T08:38:23","date_gmt":"2026-05-29T08:38:23","guid":{"rendered":"https:\/\/reliablemovingcrews.com\/?p=379"},"modified":"2026-05-29T08:38:23","modified_gmt":"2026-05-29T08:38:23","slug":"morning-bid-another-day-another-iran-deal-moment","status":"publish","type":"post","link":"https:\/\/reliablemovingcrews.com\/?p=379","title":{"rendered":"Morning Bid: Another day, another Iran deal moment"},"content":{"rendered":"
\n
A look at the day ahead in European and global markets from Tom Westbrook<\/div>\n
A weekend wait looms over markets as sources have told \u200bReuters that the U.S. and Iran have reached an agreement to extend \u200ctheir ceasefire and reopen the Strait of Hormuz, with the crucial final step now resting with U.S. President Donald Trump’s approval.<\/div>\n
For now, market moves have been modest \u200bin Asia. The dollar was steady and bonds held on to \u200bgains made earlier in the week, as investors hope higher \u2060fuel price pressure will leave Trump little room to walk away.<\/div>\n
Rising global interest \u200brates are also adding urgency for a Middle East peace deal, as \u200bmarkets worry that higher borrowing costs could compound economic strain and weigh on risk assets.<\/div>\n
Inflation figures are due across Europe on Friday and although rises are expected to be \u200bfairly small, it will probably reinforce market expectations for a rate \u200bhike in June.<\/div>\n
Tokyo inflation held below Japan’s 2% target for a fourth straight month, figures \u200creleased \u2060on Friday showed, yet a rebound in factory output is keeping the case for a rate hike in Japan next month very much alive.<\/div>\n
The yen was trading just on the strong side of 160 per dollar, \u200ba level that has \u200btraders wary \u2060and unwilling for now to test the resolve of authorities to defend the currency.<\/div>\n
Meanwhile, AI euphoria carried stocks higher.<\/div>\n
Dell (DELL.N)<\/svg>, opens new tab<\/span> \u200braised its AI server revenue forecast and the stock \u200bprice soared \u206039% in after-hours trade. Over in Hong Kong, computer-maker Lenovo (0992.HK)<\/svg>, opens new tab<\/span> has been on a tear, jumping 18% for a weekly gain of nearly 50%, the \u2060largest \u200bweekly rise since 1997.<\/div>\n
Key developments that could influence \u200bmarkets on Friday:<\/div>\n
– Inflation data in Germany, France, Italy<\/div>\n
– Canadian GDP<\/div>\n
– US-Iran deal progress<\/div>\n<\/div>\n

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A look at the day ahead in European and global markets from Tom Westbrook<\/p>\n","protected":false},"author":1,"featured_media":378,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nMorning Bid: Another day, another Iran deal moment - Reliable Moving Crews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reliablemovingcrews.com\/?p=379\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morning Bid: Another day, another Iran deal moment - Reliable Moving Crews\" \/>\n<meta property=\"og:description\" content=\"A look at the day ahead in European and global markets from Tom Westbrook\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reliablemovingcrews.com\/?p=379\" \/>\n<meta property=\"og:site_name\" content=\"Reliable Moving Crews\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-29T08:38:23+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=379#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=379\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/#\\\/schema\\\/person\\\/34f02a869ba60b78ae3d994f205e0d24\"},\"headline\":\"Morning Bid: Another day, another Iran deal moment\",\"datePublished\":\"2026-05-29T08:38:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=379\"},\"wordCount\":355,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=379#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/reliablemovingcrews.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/fc43850411c0c74259d6c8e15eba7c29.avif\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=379#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=379\",\"url\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=379\",\"name\":\"Morning Bid: Another day, another Iran deal moment - 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