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US President Trump: Iran talks may be coming as soon as Friday – NYP

Citing United States (US) President Donald Trump and Pakistani sources on Wednesday, the New York Post reported that the second round of talks between the US and Iran could take place as soon as this Friday.

Iran's Tasnim news agency said that Iran is yet to decide whether they will attend talks. Meanwhile, Fox News reported that a White House official said that President Trump extended the ceasefire with Iran for 3-5 days.

Market reaction

These developments don't seem to be having a significant impact on market mood. At the time of press, the US Dollar (USD) Index was virtually unchanged on the day near 98.40.

USD: Stagflation risk supports resilience – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note that renewed Oil-driven inflation risks are tightening global financial conditions, lifting the US Dollar (USD) as yields rise and risk appetite weakens.
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Eurozone Consumer Confidence declined to -20.6 in April from previous -16.3

Eurozone Consumer Confidence declined to -20.6 in April from previous -16.3
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