EUR/USD 1.16054
-0.100%
Gold 4508.22
-0.767%
Oil 95.267
-1.973%
USD/JPY 159.162
0.116%
GBP/USD 1.34395
0.066%
GBP/JPY 213.893
0.184%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Pakistan Army stated that the negotiations over the past 24 hours have made encouraging progress and taken an important step toward reaching a final agreement.On May 23, the Financial Times reported that mediators believe the US and Iran are close to reaching an agreement to extend the ceasefire by 60 days and lay the foundation for discussions on Irans nuclear program. According to senior sources familiar with the negotiations, the agreement would include a phased reopening of the Strait of Hormuz and a commitment to consult on the dilution or transfer of Irans highly enriched uranium stockpiles. The US would also ease its blockade of Iranian ports, agree to sanctions waivers, and phase out the freezing of Tehrans assets held overseas. A diplomat familiar with the negotiations stated, "The agreement seems to be moving in the right direction. It has been submitted to the US for review, and Iran is likely prepared to make further concessions on the nuclear issue." These signs of progress are attributed to a series of key meetings held by negotiators from Pakistan and Qatar with their Iranian counterparts on Thursday and Friday.On May 23, Iranian Foreign Ministry spokesman Baghae stated that the core purpose of Pakistani Army Chief of Staff Munirs visit to Iran was to convey and exchange specific information between Iran and the United States. He said, "At this stage, all our core focus is on ending this war of imposition." Baghae indicated that the two sides have held several rounds of intensive exchanges of views on different clauses in the proposal. They have also conducted in-depth discussions on issues where they have serious disagreements. Given the consistently contradictory stance of the United States, Iran cannot currently assert that this negotiation process will undergo a fundamental change. He said, "Our views have indeed converged somewhat, but this does not mean an agreement has been reached; it merely allows us to explore a possible solution."On May 23, an Iranian Foreign Ministry spokesperson stated that the current mediation process with the United States is "time-consuming and laborious" because the USs hostility dates back decades. "We discussed some key points and wording where disagreements remain, and made suggestions, some of which are still under review, with all parties expressing their opinions," the Islamic Republic News Agency quoted Bagae as saying. Bagae also thanked Pakistan for its mediation efforts.Iranian Foreign Ministry Spokesperson: We are currently focused on finalizing the memorandum of understanding with the United States. Over the past week, the two sides have been getting closer, and we must wait and see what happens in the next three or four days.

The RoboMarkets Weekly Review and Outlook – DAX With New High for the Year

Florala Chen

Feb 06, 2023 16:02

微信截图_20230206155447.png

Even on the stock market, there are instances when you just hear what you want to hear. At least, this is the sense one gets from seeing how the stock market responded to the US Federal Reserve and the European Central Bank raising interest rates. The interest rate-sensitive US technology companies in particular are thought to have gotten a boost from Jerome Powell's remarks that were a little less "hawkish" following the 25 basis point rate rise.


The next day, ECB president Lagarde also makes it clear that her 50 basis point rate rise was not the last, and most likely not the final either. Only the markets don't think she's real. Despite all the protestations, they believe that interest rates will be reduced in the second part of the year as long as inflation rates continue to decline. Investors were not significantly alarmed by the more than 500,000 new jobs added to the US labor market in January.

Bears continue to flee as a result of bulls

As a result, the bears, who have been in pain since October, must relinquish control of the DAX after a brief battle to achieve the previous year's high of 15,270 points. It is sufficient if a US central bank does not alter its path, but investors start to want to hear slightly softer tones from the Fed head and start buying shares if the skepticism about the present stock market advance is still so strong. The brief crush that follows pushes the others in front of them, and the image we've been seeing all week begins to take shape. Euphoric bulls continue to outperform the bears, as if Powell and Lagarde had announced interest rate reductions.

Suggestion