US President Donald Trump says US will start guiding trapped ships through Hormuz — Bloomberg
US President Donald Trump said the United States (US) will begin guiding some neutral ships trapped in the Persian Gulf out through the Strait of Hormuz beginning Monday, Bloomberg reported on Sunday. “The Ship movement is merely meant to free up people, companies, and Countries that have done absolutely nothing wrong — They are victims of circumstance,” said Trump in a social media post. “If, in any way, this Humanitarian process is interfered with, that interference will, unfortunately, have to be dealt with forcefully,” Trump added. According to the Wall Street Journal, which cited an unnamed US official, this new effort does not currently involve US Navy escorts but rather a coordination process for countries, insurance companies and shipping organizations. Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if