[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
Newsquawk Staff ·
Amid reports US/Iran nuclear talks are back on the table for Friday, oil saw notable downside, while spot gold and equities firmed.
What it means
The resumption of U.S./Iran nuclear talks is contributing to a notable decline in oil prices, as the market anticipates a potential easing of tensions and supply disruptions. In contrast, the firmness in spot gold and equities suggests a shift towards risk appetite among investors, likely positioning themselves for a broader range of outcomes in the geopolitical landscape.
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