News Summary

• The global stock rally triggered by the preliminary u.s.-Iran deal seemed to moderate on Tuesday.
• Attention was also fixed on central banks on Tuesday as the Reserve Bank of Australia and the Bank of ‌Japan kicked off the week's busy calendar for monetary policymakers.
• Despite President Donald Trump's comments on Monday that oil tankers were exiting the Strait of Hormuz, there were no significant tanker crossings visible in vessel-tracking data on Monday.
• Brent crude moved down further on Tuesday, having slid some 5% on Monday, but held above $80 per barrel.