Pakistani sources outline that "good news" regarding a second round of talks could arise as soon as Friday, US President Trump when questioned said "It's possible", NY Post reports citing sources
The mention of potential "good news" from Pakistan regarding talks signifies a possible easing of geopolitical tensions, which could support risk sentiment in markets.
"Despite the publication of news on some channels about "Iran's official agreement with the extension of the ceasefire", no official position has been announced by Iran in this regard", Tasnim reports
EQT (EQT SS) has reportedly made an improved offer for Intertek (ITRK LN) worth GBP 9.7bln, FT reports citing sources; offer is approx. GBP 54/shr, representing a 5% increase from the prior offer
Pakistani sources outline that "good news" regarding a second round of talks could arise as soon as Friday, US President Trump when questioned said "It's possible", NY Post reports citing sources
Canadian PM Carney says USMCA treaty will take some time to review, not a case where the US dictates terms
[MARKET UPDATE] Upside seen in equities and modest downside in the crude space in the last few minutes, seemingly as a MS NOW journalist reposted an article from overnight around possible compromises re. Iran's nuclear program
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- Islamabad continues to work on diplomatic channels with Iran, the 36-72hr timeline is based on this work.
- Source adds that the ceasefire is holding, despite heightened rhetoric.
President Trump's affirmation adds credibility, hinting at a diplomatic resolution that may benefit equities and commodities, particularly if the ceasefire remains intact. Watch for reactions in USD and commodity prices, as positive developments could bolster risk appetite.
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