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Morning all!
- US President Trump said the Iran conflict was working out very well and that Iran talks are going on now, and that they are talking about having the Strait open by Tuesday.
- US officials said there were no ‘new’ or novel negotiations planned, only the ongoing talks between the US and Iranian teams through mediators, according to CBS News citing sources.
- A US base in Kuwait was reportedly struck; UKMTO received a report of an incident 20 nautical miles northeast of Oman's Al Khasab.
- 10yr JGB futures saw two-way trade, in which it briefly fell over 60 ticks on a weak 10yr JGB auction, before trimming losses.
- APAC stocks traded mixed after the region failed to sustain the momentum from Wall Street; European equity futures indicate a positive cash market open.
- Looking ahead, highlights include US/Canadian Trade Balance (Jun), US JOLTS (Jun), Atlanta Fed GDP (Q3), New Zealand Jobs Report (Q2). Comments from Fed's Paulson. Supply from the UK & Germany. Earnings from Pfizer, Caterpillar, Merck, AMD, SpaceX, BP & Zalando
Source:https://twitter.com/newsquawk/status/2084512261687669004
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