Iran Foreign Minister says nuclear talks with the US are scheduled to be held in Muscat on about 10am on Friday; grateful to our Omani brothers for making all the necessary arrangements

The planned nuclear talks in Muscat between Iran and the US could signal a potential thaw in relations, influencing both market sentiment and specific asset classes, particularly oil.

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[MARKET UPDATE] Amid reports US/Iran nuclear talks are back on the table for Friday, oil saw notable downside, while spot gold and equities firmed

Plans for US-Iran nuclear talks in Oman on Friday are back on, after several Arab and Muslim leaders urgently lobbied the Trump administration on Wednesday afternoon not to follow through on threats to walk away, two US officials told Axios

Iran Foreign Minister says nuclear talks with the US are scheduled to be held in Muscat on about 10am on Friday; grateful to our Omani brothers for making all the necessary arrangements

The US Labor Department plans to release the weekly jobless claims report tomorrow as scheduled

Iran's Foreign Minister Araqchi to clarify Tehran's position on US talks in Oman, Iranian state media reports; US-Iran talks are expected on Friday in Oman

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Context

With geopolitical tensions linked to energy prices, positive developments may lead to stabilization in WTI prices, while escalations could heighten volatility in commodities and FX markets. Note how traders position around this event, as it could be a key driver in the US session.

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