The news of Ghalibaf's resignation as head of the Iranian negotiating team is false, according to Mehr News
The denial of Ghalibaf's resignation as the head of the Iranian negotiating team suggests continuity in Iran's diplomatic approach, particularly regarding nuclear negotiations.
US Treasury Secretary Bessent says he wouldn't say no to being Fed Chair at a later date, via WSJ; adds he has no interest in the presidency
Treasury Secretary Bessent told the Wall Street Journal that the upcoming Trump-Xi summit is about “stability”
The news of Ghalibaf's resignation as head of the Iranian negotiating team is false, according to Mehr News
Iran Foreign Minister Araghchi will not hold any negotiations with the Americans in Islamabad, via Tasnim; says US Media lied again
The US Air Force and Navy plan to increase purchases of Lockheed Martin's (LMT) F-35 fighter jet over five years, despite criticism from Elon Musk and others that the aircraft is becoming obsolete, Bloomberg reports
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This stability may limit immediate market volatility related to geopolitical tensions, but keep an eye on how it impacts negotiations with Western powers and any subsequent market sentiment around oil and regional currencies.
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