According to Reuters, a Senior Iranian Official signalled that 'Iran is ready to discuss limitations on its uranium enrichment.' After that report, futures on US indices gain, while oil loses. The market see this as a sign of much lower odds for US army to join the Iran - Israel conflict, increasing chances for diplomatic solution.
Source: xStation5
Daily summary: Silver plunges 9% ๐จIndices, crypto and precious metals under pressure
US100 loses 1.5% ๐
๐จGold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 ๐