Bourses set for modestly firmer open amid constructive US-Iran negotiation updates; heavy US data slate ahead & Warsh hearing
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| Good morning Europe traders, hope your day is off to a great start! Here are the top 5 things you need to know for today’s market.
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5 Things You Need to Know
- US VP Vance is expected to travel on Tuesday for talks, Trump says the deal will be far better than the JCPOA.
- Iranian officials told WaPo that they have largely agreed on the broad outlines of the agreement, and Pakistan sources also expect an agreement by Wednesday.
- APAC stocks were mixed, but with some optimism from the above updates; however, reports that Iran may not attend prevented any significant move.
- USD posted mild gains, looking to the hearing for Fed Chair nominee Warsh today; FX peers rangebound, NZD leads after CPI.
- Crude under pressure given the mixed, but overall somewhat constructive, updates. Providing modest support to fixed income.
Diem ‘Richard’ Nguyen
Liên Minh Bảo Hiến Mỹ Gốc Việt
Vietnamese American Conservative Alliance (VACA)
https://freedom-vaca.org/vaca-blog-tieng-viet-nam/
https://freedom-vaca.org/vaca-main-blog-english-articles/
