Pakistani Foreign Ministry spokesperson, on US-Iran not coming to an agreement says, "we are not discouraged", "we remain positively engaged"
The comments from the Pakistani Foreign Ministry suggest a persistent diplomatic engagement between the US and Iran, despite a lack of agreement.
US Treasury Secretary Bessent on China says the Board of Investment will discuss nonstrategic, nonsensitive areas where the Chinese could invest; pushes back against USD 1tln number
Allies of UK Health Secretary Streeting believe his leadership announcement could be pre-empted by PM Starmer announcing a timetable for his departure, possibly today, ITV's Peston; adds, less-partisan sources say "in the end game"
Pakistani Foreign Ministry spokesperson, on US-Iran not coming to an agreement says, "we are not discouraged", "we remain positively engaged"
[MARKET UPDATE] Gilts and GBP hit on reporting around UK Health Secretary Streeting and that further Cabinet Ministers may tell PM Starmer to go; however, the move unwinds a touch as the sources cited remain confined to allies of Streeting
UK's Labour MP Jones, the top-aide to the PM, is reportedly telling MPs that PM Starmer is going to go, Bloomberg's Wickham reports citing allies of Health Secretary Streeting
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This sentiment could imply a slower escalation in tensions, which may provide some support for energy prices, particularly if the market perceives a reduced risk of conflict affecting supply chains. Traders should watch commodities closely, especially WTI and Brent, as any further developments could shift sentiment quickly.
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