US official says President Trump is sending envoys Witkoff and Kushner to Pakistan for talks with Iranian Foreign Minister

The announcement of President Trump's envoys visiting Pakistan for talks with the Iranian Foreign Minister signals a potential shift in diplomatic engagement concerning Iran. This could influence market sentiment, particularly around risk assets and safe havens like gold, while also impacting energy prices if deeper cooperation arises or tensions escalate. Traders should monitor how this develops, as geopolitical dynamics often lead to volatility in FX and commodities markets.