Trump Backs Off Iran Threats, Sets Five Days for Talks, More

Trump backed off threats toward Iran and set a five-day window for talks, reducing the immediate risk of military escalation. The move should lower near-term geopolitical risk premia—supportive for risk assets and oil—though market direction will depend on the outcome of the forthcoming negotiations.

Analysis

Trump backed off threats toward Iran and set a five-day window for talks, reducing the immediate risk of military escalation. The move should lower near-term geopolitical risk premia—supportive for risk assets and oil—though market direction will depend on the outcome of the forthcoming negotiations.