4 AM After-Hours Flash: North Korea's 'Dead Hand'? Pyongyang will fire nukes if Kim Jong-un is killed | Trump fires off barrage of Iran and UFC
Bitcoin breaking above key resistance is reflecting broad risk-on sentiment that tends to compress the VIX. Bitcoin is currently trading at 80713 up 0.6 percent over the past 24 hours and sitting within 2 percent of the 80k level. In the Asian market the Sensex and Nifty outlook remains positive despite Iran-US tensions according to analysts even after Indian equity benchmarks ended lower on Friday amid the rising geopolitical risks. Crude oil traders are watching the latest on Iran as the US awaits a reply and Saudi Aramco says an opening of the Strait of Hormuz offers no quick fix after the conflict that began with US-Israeli strikes on February 28th upended oil and gas markets. Saudi Aramco also reported its first quarter profit jumped 26 percent as its East-West pipeline reached capacity and helped mitigate the energy shock from the Iran war. North Korea has revised its constitution to require an automatic nuclear strike if Kim Jong-un is assassinated or incapacitated by a foreign adversary according to South Korea's intelligence service a move that came after the Iran strikes. SPX is trading at 7398.93 with the VIX holding at 17.19. Russell's Morning Outlook is back Monday — stay with VixShield. I am your VixShield news reporter.