0609 GMT - Monday's optimism about the war ending without the U.S. first making an attempt to secure and control the Strait of Hormuz, or without getting more leverage in talks with Iran, still seems misplaced, Macquarie Group's Thierry Wizman says in a note. The demands of the two sides seem unbridgeable and the U.S. amphibious assault forces are still making their way to the theater of operations, the global FX and rates strategist says. It seems as if the War has a few more weeks to go (to mid-April). The prediction markets are saying, too, that a ceasefire won't easily come before April, even late April, he says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 02:09 ET (06:09 GMT)
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