Russia's Kremlin says it would welcome new contact between Russian and US foreign ministers; notes of technical contacts between both sides at the foreign minister level
Newsquawk Staff ·
Russia's Kremlin says it would welcome new contact between Russian and US foreign ministers; notes of technical contacts between both sides at the foreign minister level.
What it means
The Kremlin's openness to renewed conversations between Russian and U.S. foreign ministers suggests a potential thaw in relations, which could ease tensions and lead to more stability in global markets. Such diplomatic gestures often influence risk sentiment, benefiting equities and weighing on safe havens like gold, depending on the developments that follow.
- US Market Wrap: Stocks gain as tech earnings begin
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL
- Iran‘s Foreign Minister says Iran is prepared to give diplomacy another chance if they see strong evidence of a sincere desire by US to build trust and reach solution, but if US chooses war over diplomacy, it'll result in an even greater strategic failure
- Iran's Foreign Minister says "we have not reached a state of peace and are far from it. Therefore, all decisions must be made within the framework of the country's war conditions"
- [MARKET ANALYSIS] Crude benchmarks edge higher amidst the uncertain geopolitical environment; spot gold is flat
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