US and Iran expected to announce draft peace deal within 24 hours

## Market Snapshot

The market for a US-Iran nuclear deal by June 30 is currently priced at 34.5% YES, up from 26% 24 hours ago. The next US-Iran diplomatic meeting market shows increased interest, consistent with recent developments.

## Key Takeaways

– The announcement of a US-Iran draft peace deal appears to be consistent with increased likelihood of a nuclear deal by June. – Markets suggest recent diplomatic meetings may have occurred, as indicated by the draft deal announcement. – Israel-Iran permanent peace deal markets remain relatively unaffected, suggesting limited direct impact from the US-Iran news.

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