US President Trump said talks with Iran were continuing at a rapid pace; he thinks he will have an agreement with Iran to extend the ceasefire and reopen the Strait of Hormuz over the next week.
Iran’s Foreign Ministry said the US bears direct responsibility for violations of the ceasefire with Iran and by Israel in Lebanon, adding that a violation on one front was equal to violations on all fronts.
The US is in talks to expand nuclear weapon deployments in Europe, according to the FT.
Crude futures gradually pulled back overnight following the prior day's rally; fixed income caught a bid overnight.
APAC stocks were mixed following the choppy performance stateside; European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 0.5%.
Looking ahead, highlights include EZ CPI (May), JOLTs Job Openings (Apr), RCM/TIPP Economic Optimism, New Zealand Export/Import Prices (Q1), NBP Policy Announcement (Jun). Speakers include Fed’s Kashkari & Hammack, BoE’s Bailey & Greene, ECB’s Vujcic. Supply from the UK & Germany. Earnings from Dollar General, Palo Alto & ULTA Beauty.
Podden och tillhörande omslagsbild på den här sidan tillhör
Newsquawk. Innehållet i podden är skapat av Newsquawk och inte av,
eller tillsammans med, Poddtoppen.