UVIX is trading at $34.12, down 2.68%, as Trump’s comments about productive Iran talks and no attack before the November elections eased immediate geopolitical and oil-supply fears.
- Brent crude fell and U.S. equity futures rose, supporting a risk-on backdrop.
- The VIX was 15.41; VIX futures were 17.50 and in contango, consistent with softer demand for volatility exposure.
- Thursday’s oil and Iran-related risk remains a backdrop, though today’s move appears driven by easing concerns.