Morning all!- Iranian Foreign Minister Araghchi said Tehran discussed proposals with Qatari mediators to present to the | Hanami
Morning all!
- Iranian Foreign Minister Araghchi said Tehran discussed proposals with Qatari mediators to present to the US, and that a response is to be relayed to Tehran through Qatari mediators. Iranian Foreign Minister said they expect a US response today.
- Iran was reported to have agreed to halt enrichment in exchange for easing US sanctions, although the Iranian Foreign Ministry spokesperson later denied these reports.
- US President Trump denied reports that he is prepared to ease sanctions on Iran and release its frozen assets in exchange for progress on the nuclear issue.
- The RBA hiked rates by 25bps to 4.60%, as expected, and noted it will raise the cash rate further if needed; Press conference at 06:30 BST.
- Crude futures edged higher overnight; APAC stocks were mostly subdued; European equity futures indicate a flat/positive cash market open.
- Looking ahead, highlights include Spanish Inflation (Sep) & Retail Sales (Aug), EZ Economic Sentiment (Sep), US JOLTS (Aug). Speakers include RBA's Bullock, ECB’s Cipollone, Lagarde, Vujcic & Lane, Fed’s Goolsbee, Williams, Bowman, Barr & Waller, BoC’s Gravelle, BoE's Taylor & Mann. Supply from the UK & Italy. Earnings from Micron.