US sent on Sunday another amended draft for an agreement to end the war in response to Iranian officials' latest proposal, Axios sources said
The US's recent proposal to amend the draft agreement with Iran marks a significant step in diplomatic efforts to de-escalate tensions in the region.
[MARKET UPDATE] Futures resume trading with mild optimism as US sent a revised draft agreement to end the war in response to Iran's latest proposal; ES +0.2% (+15 pts), WTI Jun -2.0% (-USD 2.0/bbl), T-note futures +19 ticks, spot gold +0.3% (+USD 12/oz)
UK intends to begin negotiations to join a EUR 90bln European Union loan scheme seen as providing vital support for Ukraine, BBC reports, suggesting "which further signals the government's desire for closer ties with the EU"
US sent on Sunday another amended draft for an agreement to end the war in response to Iranian officials' latest proposal, Axios sources said
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This response to Iranian officials' latest proposal could influence energy markets, particularly oil, as stability in Iran— a key oil producer— is pivotal for global supply. Traders should watch for potential volatility in commodities and FX markets, especially involving safe havens like gold, as developments unfold.
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