Two Israeli sources says US Trump may cease fire if Iran offers a large return, Al Arabiya reports
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Iran's foreign minister says US has failed in its war goals including quick victory and change of regime; message to the neighbouring countries, distance yourself from the US; No talks with the US
Israeli officials says chances of a detailed US-Iran deal are slim, but a framework agreement remains viable & Israel must prepare for it, according to Channel 12 - UNCONFIRMED
Two Israeli sources says US Trump may cease fire if Iran offers a large return, Al Arabiya reports
Ukraine’s President Zelensky says Ukraine hopes to agree long-term drone deals with most Gulf nations
Ukraine says the US offered to finalise security guarantees if Ukraine withdraws from Donbas, says withdrawal from Donbas would be high risk for Ukraine and for Europe, according to reports
On the Newsquawk feed at , 20 minutes before this page.
Context
The potential for a ceasefire between the U.S. and Iran, contingent on major concessions from Iran, suggests significant geopolitical developments that could impact risk sentiment. If realized, this could reduce tensions in the region, potentially leading to lower oil prices and a strengthened U.S. dollar. Traders should monitor how this evolves, as it may influence markets across equities, commodities, and currencies.
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