GOLD, US STOCKS AND BITCOIN TURN GREEN AFTER IRAN AUTHORIZES TALKS WITH THE US
According to Iran's state news agency IRNA, Iran's supreme leader has authorized the government to hold talks. The news follows days of Qatar-mediated diplomacy, in which Iran presented a two-day plan to reopen the Strait of Hormuz and resume nuclear talks, conditional on Washington meeting Tehran's demands, which the US has not publicly accepted.
After the news, gold jumped on the chart, while US stock futures and Bitcoin stayed green. Note: markets had already rebounded this morning on diplomacy hopes and a recovery from last week's selloff, so this is a continuation, not a move caused by a single headline alone.
What to watch next: whether Washington accepts Iran's proposal, and whether talks actually begin ahead of the US midterm elections on November 3.
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According to Iran's state news agency IRNA, Iran's supreme leader has authorized the government to hold talks. The news follows days of Qatar-mediated diplomacy, in which Iran presented a two-day plan to reopen the Strait of Hormuz and resume nuclear talks, conditional on Washington meeting Tehran's demands, which the US has not publicly accepted.
After the news, gold jumped on the chart, while US stock futures and Bitcoin stayed green. Note: markets had already rebounded this morning on diplomacy hopes and a recovery from last week's selloff, so this is a continuation, not a move caused by a single headline alone.
What to watch next: whether Washington accepts Iran's proposal, and whether talks actually begin ahead of the US midterm elections on November 3.
👇 TRADE HOT COINS HERE 👇
$MITO
$HAEDAL
$HOT
