US President Trump says good talks are being held with Iran. Need to make a meaningful deal with Iran, otherwise something bad will happen.

• "We had good talks with Iran. There has to be a meaningful deal with Iran, otherwise something bad will happen"

President Trump's comments indicate a positive shift in dialogue with Iran, suggesting that a diplomatic resolution may be on the horizon; however, the warning about potential negative outcomes highlights the volatility in regional tensions. This development could impact oil prices and broader market sentiment, particularly in energy-sensitive currencies like the JPY and GBP, as traders assess the implications for stability in the Middle East.