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12 AM After-Hours Flash: Iran expected to respond to US proposal on Thursday through Pakistan as talks advance | US Moving Closer To Iran Agreeme

MV
Ms Vixxy
VixShield Market Intelligence

Geopolitical tensions in the Middle East are easing as the US and Iran move closer to an agreement that could end the war. Multiple outlets are reporting that Iran is expected to respond to a US proposal on Thursday through Pakistan with negotiations advancing on a preliminary 14-point memorandum covering sanctions relief, nuclear curbs and the Strait of Hormuz. In the Asian market, China says it will play a greater role to end the Mideast war according to its Foreign Minister Wang Yi. Bitcoin is trading at 80,953, down 0.4 percent over the past 24 hours, reflecting some risk-off sentiment as traders weigh these developments. The rupee fell 28 paise to 94.77 against the US dollar amid rising geopolitical tensions and fluctuating oil prices while Indian stocks opened higher with the Sensex up 234 points on auto sector strength and positive global cues. This setup could support a firmer US open tomorrow with SPX last at 7365.12. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.

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