## Market Snapshot

US-Iran Agreement/Ceasefire Extension market is currently priced at 38.5% YES, down from 60% 24 hours ago. The US-Iran Nuclear Deal by June market is priced at 35.5% YES, down from 42% 24 hours ago.

## Key Takeaways

– Trump’s statement appears to suggest progress toward a nuclear agreement, consistent with increased YES pricing for a deal by June. – Market pricing suggests a moderate likelihood of a new US-Iran agreement or ceasefire extension by June 7, consistent with recent downward movement. – The nuclear restraint condition appears to be a central factor in ongoing US-Iran negotiations, impacting market perceptions.

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