US VP Vance says we are negotiating with Iran and ceasefire is holding, adds Iranian negotiators wanted to make a deal

Says:

  • Feel good about where we are.
  • Lot of mistrust between the US and Iran, can't be solved overnight.
Context

The statements from US VP Vance indicate a positive development in US-Iran negotiations, suggesting that a ceasefire is currently effective and that Iranian negotiators are eager to pursue a deal. While the sense of optimism could bolster risk sentiment, the underlying mistrust remains a hurdle, keeping volatility potential high in energy markets and associated currencies like the USD and JPY.

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