Pakistan to continue mediation between US-Iran, adding that there "is no immediate danger" of the war resuming, Anadolu reports citing Pakistani sources
This statement from Pakistan suggests a stabilization of tensions between the US and Iran, marking a potential easing of geopolitical risk in the region.
US President Trump says he is considering renewing Project Freedom, Fox reports
Iran has yet to allow a tanker with UAE LPG to pass through the Strait of Hormuz, Tasnim reports;
Pakistan to continue mediation between US-Iran, adding that there "is no immediate danger" of the war resuming, Anadolu reports citing Pakistani sources
The EU is reportedly mulling expanding its emissions trading system to include flights departing the bloc, FT reports citing sources
UK's Unite Union says the speech by PM Starmer was not sufficient, Huffington Post reports
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Given that there's no immediate danger of conflict escalating, market participants may view this as a positive signal, likely supporting risk assets while reducing demand for safe havens like gold or the USD. However, it's essential to remain cautious as geopolitical dynamics can shift rapidly.
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