Communication with Iran is ongoing and intensive efforts are being made to bring both sides to the negotiating table, Al Mayadeen reports citing sources
This headline indicates that diplomatic communications with Iran are actively progressing, suggesting potential for negotiations that may lead to easing tensions.
Traders cite unverified reports citing Iranian TV that all diplomatic channels and indirect talks have been frozen following Trump's latest threats; DESK UNABLE TO VERIFY - treat with caution
Evotec (EVT GY) announced it expects to receive approximately USD 100mln in upfront consideration upon closing of the sale of Tubulis to Gilead Sciences (GILD)
Communication with Iran is ongoing and intensive efforts are being made to bring both sides to the negotiating table, Al Mayadeen reports citing sources
Fed's Williams (voter) thinks Iran will go directly into headline inflation given energy; inflation this year should be around 2.75%
US Durable Goods Orders ex Defense MoM (Feb) M/M -1.2% (Prev. 0.5%)
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If successful, this could have significant ramifications for oil markets, particularly WTI, as improved relations could ease supply concerns and stabilize commodity prices. Traders should monitor how this sentiment affects market dynamics in both the short and longer term.
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