US President Trump posts on Truth Social that he is pleased to report that the US and Iran have had "very good and productive" conversations regarding a complete and total resolution of our hostilities in the Middle East;postpones strikes for 5 day period
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[MARKET UPDATE]: Crude tumbles with stocks, bonds and gold rallying after US President Trump said that over the last two days, both US and Iran had "very good, and productive" conversations regarding a complete and total resolution of hostilitites
US President Trump posts on Truth Social that he is pleased to report that the US and Iran have had "very good and productive" conversations regarding a complete and total resolution of our hostilities in the Middle East;postpones strikes for 5 day period
US President Trump looking at inviting Belarus's President Lukashenko to the White House, FT reports
Newsquawk Daily US Conference Calendar - 23rd March: JNJ, LLY, MRK, JPM, MS, VZ, MSFT, NVDA, AMZN, AVGO, GOOGL, META
On the Newsquawk feed at , 20 minutes before this page.
- Full Post: "I AM PLEASE TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE AND TOTAL RESOLUTION OF OUR HOSTILITIES IN THE MIDDLE EAST. BASED ON THE TENOR AND TONE OF THESE IN DEPTH, DETAILED, AND CONSTRUCTIVE CONVERSATIONS, WITCH WILL CONTINUE THROUGHOUT THE WEEK, I HAVE INSTRUCTED THE DEPARTMENT OF WAR TO POSTPONE ANY AND ALL MILITARY STRIKES AGAINST IRANIAN POWER PLANTS AND ENERGY INFRASTRUCTURE FOR A FIVE DAY PERIOD, SUBJECT TO THE SUCCESS OF THE ONGOING MEETINGS AND DISCUSSIONS. THANK YOU FOR YOUR ATTENTION TO THIS MATTER! PRESIDENT DONALD J. TRUMP"
Key points
- US-Iran have had "productive conversations" over a complete and total resolution of hostilities.
- Conversations will continue throughout the week.
- Trump has instructed the DoW to postpone any military strikes against Iranian power plants and energy facilities for five days, subject to ongoing meetings.
Context
President Trump's announcement of productive talks with Iran and the postponement of military strikes for five days signals a potential de-escalation in tensions in the region. This development could positively impact risk sentiment across equities and commodities, particularly oil prices, as concerns over Middle Eastern stability ease, suggesting a cautious optimism in the markets.
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