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Crude gains on reports US/Iran talks are halted despite Trump's denial - Newsquawk US Market Wrap
Fars reports talks between US and Iran have halted, but Trump says this is fake news; Above-expected JOLTS; Israel and Lebanon not yet able to reach agreement on ceasefire, but aim is for an agreement tomorrow; Fed's Hammack said Fed may need to act soon if inflation trends do not cool; USD/JPY tests 160; EU headline inflation in line; STMicroelectronics and Microchip raised data center revenue guidance; GOOGL to raise $80bln for AI spending; NVDA CEO stated MRVL will be the next $1tln company; Stellar HPE earnings; US proposes 25% tariffs on Brazil
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zerohedge.com
DXY and Crude firm as US-Iran deal remains elusive; Europe primed for modestly lower open despite APAC gains - Newsquawk EU Market Open
Trump sent tougher terms to Iran re. the peace framework, NY Times reported. Tasnim outlined that Iran could propose changes to the MOU.
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DXY firms in tandem with Energy benchmarks amidst a US and Iran flare-up; Stocks firm as NVDA/MSFT unveil PC chip - Newsquawk US Market Open
