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Trump Says US-Iran Deal Is 'Pretty Much Wrapped Up'

Source
JH Kim

Summary

  • President Donald Trump said a US-Iran deal was effectively complete.
  • Markets are assessing whether a US-Iran deal would ease geopolitical risk in the Middle East.
  • Such an agreement could affect international oil prices, safe-haven asset prices and investor sentiment toward global risk assets.

Forecast Trend Report by Period

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President Donald Trump said negotiations between the US and Iran are effectively in their final stages.

In an interview with the New York Post on June 11, Trump said a deal with Iran was "pretty much wrapped up."

He added that the talks were nearing the finish line and could conclude soon.

The comments came after Trump previously said he had canceled a planned strike on Iran.

The US and Iran have recently continued talks over Tehran's nuclear program, sanctions relief and the release of frozen assets.

Trump also claimed a day earlier that Iran's top leadership had approved the proposal and that a final signing was imminent.

Iran has yet to officially confirm whether a final agreement has been reached.

Markets are watching for whether a US-Iran agreement would ease geopolitical risk in the Middle East and affect international oil prices, safe-haven assets and sentiment toward global risk assets.

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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