Pakistan and Egypt are facilitating communications between Iran and the US, with Trump envoys Witkoff and Kushner in Iran negotiations, according to a source cited by CNN
The involvement of Pakistan and Egypt in facilitating communications between Iran and the US indicates a potential thaw in relations, which could have significant implications for global markets.
Mitsui O.S.K. Lines (9104 JT) says a third vessel passed through Hormuz, according to Yomiuri
Citigroup pushes back its Fed rate cut timeline in which it now sees Fed cutting rates in September, October, and December vs prev. forecast for cuts in June, July, and September
Pakistan and Egypt are facilitating communications between Iran and the US, with Trump envoys Witkoff and Kushner in Iran negotiations, according to a source cited by CNN
Europe and China are launching a joint space mission to study how Earth’s magnetic field protects against harmful solar radiation
EU warns capitals against turning energy crunch into fiscal crisis and urges governments to avoid excessive support to offset surging energy prices, according to FT
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A successful negotiation could lead to easing sanctions, positively impacting oil prices and geopolitical risk sentiment, affecting USD and commodities like gold. However, the lasting impact will depend on the outcomes of these discussions and market perceptions of their credibility.
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