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Trump Says Iran Talks Are Continuing at a Very Fast Pace

Source
JH Kim

Summary

  • President Donald Trump said negotiations with Iran are continuing and moving at a very fast pace.
  • Markets are focused on the direction of U.S.-Iran negotiations and the possibility of a final agreement.
  • Market participants say progress in U.S.-Iran negotiations could affect global financial markets, including international oil prices, gold prices and the dollar.

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President Donald Trump said negotiations with Iran are continuing and advancing at a very fast pace. Markets are watching closely for further progress in U.S.-Iran talks and the chances of a final agreement.

On June 1, Trump said talks with Iran were continuing "at a very fast pace."

The comments came after Iran recently raised the possibility of suspending the negotiations. Trump had earlier said he had not received any official notice that Iran had halted the talks.

The US and Iran are continuing negotiations over an extension of the ceasefire, the resumption of nuclear talks and the normalization of the Strait of Hormuz. Recent reports said the two sides had reached a political-level understanding, but the Iranian government has maintained that no final agreement has been reached.

Investors are assessing whether progress in U.S.-Iran talks could sway global financial markets, including oil, gold and the dollar.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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