White House Press Secretary Leavitt says the US President has been made aware of the Pakistan proposal, and a response will come, Axios reports

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[MARKET UPDATE]: Risk-on trade seen with notable upside in US equity futures and spot gold, while oil dumps and Dollar sold as Tehran "positively reviewing Pakistan's request for a two-week ceasefire" and Trump is aware and a response will come

Senior Iranian official says Tehran positively reviewing Pakistan's request for a two-week ceasefire, Reuters reports

White House Press Secretary Leavitt says the US President has been made aware of the Pakistan proposal, and a response will come, Axios reports

Israel wants more time to degrade Iran as Trump pushes Tehran to strike deal to end war, Politico reports

UAE says air defence systems are currently responding to a missile threat

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administration is actively engaged with a proposal from Pakistan, highlighting potential diplomatic developments. The fact that a response is forthcoming suggests that there may be significant implications for U.S.-Pakistan relations that could impact regional stability, influencing markets sensitive to geopolitical risks, such as oil and gold. Traders should monitor for further updates that might indicate the nature of the U.S. response and any potential market reactions.

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