Al-Mayadeen's correspondent in Baghdad, Iraq, quoting a source within the coordination framework, says the framework is preparing for a meeting this evening to name a candidate, reportedly a compromise candidate

The nomination of Ali al-Zaidi as a compromise candidate for Iraq's next prime minister could signal a potential reduction in political tensions, depending on the support he garners across different factions. This meeting reflects an attempt to stabilize governance amid ongoing challenges, which may influence investor sentiment and impact assets correlated to Iraqi stability, such as oil and regional currencies. Watch for immediate market reactions as the situation develops through the EU and US sessions, particularly in energy markets and geopolitical risk assessments.