STOXX Europe 600 & Scott Bessent

STOXX Europe 600: The pan-Europepean STOXX Europe 600 index rose modestly, scoring gains for the month amid hopes for a deal that would reopen the Strait of Hormuz.

Scott Bessent: As US Treasury Secretary, Scott Bessent has reiterated Trump's 'red lines' for a deal and has threatened to 'aggressively target' Oman if it facilitates tolls in the Strait of Hormuz, indicating the US stance on sanctions and maritime freedom.

STOXX Europe 600: The pan-Europepean STOXX Europe 600 index rose modestly, scoring gains for the month amid hopes for a deal that would reopen the Strait of Hormuz.

Scott Bessent: Scott Bessent, the US Treasury Secretary, predicted that oil prices could come down quickly once a deal between the US and Iran is finalized, indicating the economic impact of the negotiations.

STOXX Europe 600: Rose to record highs on earnings and hopes for U.S.-Iran deal.

Scott Bessent: Treasury Secretary, hinted at a deal with Iran to reopen the Strait of Hormuz.

STOXX Europe 600: Europepean STOXX Europe 600-listed companies are expected to face margin pressure starting in the second quarter as it becomes harder to pass through extra costs and hedging protection expires.

Scott Bessent: Scott Bessent, U.S. Treasury Secretary, reassured about the temporary nature of the sanctions waiver on Russian seaborne oil.

STOXX Europe 600: European Union — European stocks were mixed, with energy stocks gaining.

Scott Bessent: As Treasury Secretary, Bessent has imposed sanctions on Iran and commented on the economic impact of the war.

STOXX Europe 600: The STOXX Europe 600 index slipped due to uncertainty surrounding the trade outlook caused by the new tariffs.