Lates News

Iran's Tasnim news agency reported that Iran has received "some signs" indicating that the United States is prepared to lift its naval blockade. Some analysts say if the reports are true, it is good news because it will encourage Iran to sit down at the negotiating table. It appears that the ceasefire agreement will be extended according to President Trump's statement. However, further negotiations may be postponed until further notice. Earlier, US Vice President Pence was scheduled to visit Pakistan later today, but some media reports suggest that his trip has been canceled because Iran is unwilling to engage in talks. Nevertheless, the market remains hopeful, with risk trades rebounding in response to this news. S&P 500 index futures have risen by 0.6% intraday. Meanwhile, precious metal prices are also rising. Currently, the price of gold has increased by 1.2% to $4769, while the price of silver has risen by 2.5% to $78.63. At the same time, oil prices are falling, with WTI crude oil prices down by 2% to around $90.