Crude sees two-way trade amid conflicting US/Iran reports, meanwhile Waller goes hawkish - Newsquawk US Market Wrap

Negotiations in Tehran have reportedly reached an understanding on broad outlines regarding the nuclear issue, however, differences between sides are very deep; Trump said to be frustrated and may decide on "decisive action" against Iran; Qatari and Pakistani officials arrive in Tehran to help secure a deal; Fed's Waller goes hawkish, and pushes for easing bias in statement to be removed; UoM consumer sentiment hits record low; Kevin Warsh sworn in as new Fed Chair; China launches major crackdown on cross-border stock trading

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