[MARKET UPDATE] Risk-on seen amid reports Pakistan could announce resumption of US/Iran talks today, Iranian delegation is likely to arrive in Islamabad tonight, US logistics team there; stocks, gold & USTs gain, while energy & USD sell off
Context
The reported resumption of US/Iran talks, facilitated by Pakistan, points to a potential de-escalation in geopolitical tensions. This news typically triggers a risk-on sentiment in markets, driving stocks, gold, and USTs higher while causing a sell-off in energy and the USD, as investors reassess the outlook amidst more diplomatic engagement.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#IMPORTANT#FOREX#ENERGY#METALS#EU SESSION#US SESSION#WTI#COMMODITIES#GOLD#METALS & MINING#MATERIALS (GROUP)#DXY#ENERGY & POWER#MARKET UPDATE