Iranian Foreign Minister says "We are ready for any situation and we do not want war, but we are ready for it and we are also ready to negotiate", Al Jazeera reports
The Iranian Foreign Minister's statement indicates a willingness to engage in negotiations with the U.S., signaling possible diplomatic openings amid ongoing tensions.
Spanish 7-Year Obligacion Auction 2.938% (Prev. 2.885% )
BofA Total Card Spending (w/e 03 Jan) +1.7% Y/Y (prev. +1.3% avg. in Nov); highlights that the holidays were good for holiday shopping
Iranian Foreign Minister says "We are ready for any situation and we do not want war, but we are ready for it and we are also ready to negotiate", Al Jazeera reports
BoE DMP (Dec): 1yr ahead CPI expectations maintained at 3.4%; 3yr ahead maintained at 2.9%
Iranian Foreign Minister says he will hold talks with presidents, deputies, ministers and the foreign minister in Lebanon, Al Jazeera reports; adds that "this visit comes at the most important time in Lebanon"
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- "We are ready to negotiate with the United States on the basis of mutual respect and mutual interests"
This approach, framed around mutual respect, may lead to shifts in market sentiment regarding geopolitical risks, particularly for oil and safe-haven assets like gold. Traders should watch for market reactions related to energy prices and safe-haven flows, as easing tensions could impact those areas significantly.
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