Markets wait with bated breath as Trump’s deadline for Iran inches closer

CommSec’s James Gruber claims the Australian share market is expected to open “modestly higher” this morning. “Up 0.1 per cent at the moment,” he told Sky News Australia. “It follows a positive lead on Wall Street.” Mr Gruber said the markets are awaiting news on the Iran war following US President Donald Trump’s threats to obliterate critical infrastructure in Iran if a deal isn’t reached and the Strait of Hormuz isn’t reopened by tomorrow, Wednesday morning.