[MARKET UPDATE] Iranian and US officials lean back on reports of agreement on an extension to the current US-Iran ceasefire (due to expire Apr 22nd); Modest upticks seen in USD and crude prices while negative ticks seen in equity and fixed income futures

Reports suggest that discussions between Iranian and US officials regarding the extension of the ceasefire are losing momentum. This lack of progress may lead to increased uncertainty in the markets, contributing to modest gains in USD and crude oil prices, while equity and fixed income futures are reacting negatively, indicating a risk-off sentiment.