Mitsubishi UFJ: Market trading is cautious before Trump's final deadline arrives.

The deadline is approaching, but the global oil market and stock index futures are not reacting much. Derek Halpenny, global market research director of Mitsubishi UFJ Financial Group, believes that as Trump has extended the deadline for Iran to reopen the Strait of Hormuz several times, and may do so again, investors have become cautious about trading before the deadline set by Trump. He said, "I don't think an agreement can be reached, but an extension seems likely. It's easy to say, 'We have made progress, we want to reach an agreement, we will extend.'"