Iran wants to de-escalate hostilities with Israel – WSJ
The Wall Street Journal reported on Monday that Iran seeks talks with the United States (USD) and Israel and sends messages via Arab intermediaries to end hostilities, per Reuters.
According to the report, Iran signals that it wants to de-escalate hostilities with Iran and privately says that it will resume talks over its nuclear program if the US stays out of the fight.
Market reaction
This headline seems to be helping the market mood improve. At the time of press, the S&P 500 was up more than 1%. Meanwhile, the US Dollar Index was last seen losing 0.4% at 97.75. Additionally, crude oil prices extend the decline, with the barrel of West Texas Intermediate losing more than 6% on the day near $68.
Source : Fxstreet