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UBS On-Air: Paul Donovan Daily Audio 'Accommodating spending'
Published 1 month, 1 week ago
Description
US President Trump has suggested a de facto extension of the Gulf ceasefire (to Wednesday evening, US time) but no further extension. Markets are looking to Iran’s reaction to giver credibility to the idea of negotiations. Were the US to accept some version of former US President Obama’s deal with Iran, markets (already inclined to an optimistic interpretation) would probably react positively.