"Deputy Speaker of Iran's Parliament: Iran and the United States likely reached preliminary understandings before sitting down at the negotiating table", Sky News Arabia reports
The reported preliminary understandings between Iran and the U.S.
German HCOB Composite PMI Final (Jan) 52.1 vs. Exp. 52.5 (Prev. 51.3)
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"Deputy Speaker of Iran's Parliament: Iran and the United States likely reached preliminary understandings before sitting down at the negotiating table", Sky News Arabia reports
French HCOB Services PMI Final (Jan) 48.4 vs. Exp. 47.9 (Prev. 50.1)
French HCOB Composite PMI Final (Jan) 49.1 vs. Exp. 48.6 (Prev. 50)
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could signal a thaw in tensions, which may impact energy markets given Iran's role in global oil supply. If these negotiations progress, we might see volatility in WTI as traders reassess geopolitical risk premiums and potential supply dynamics. Keep an eye on oil prices and related assets as the situation develops.
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