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Risk-on sentiment seen amid greater optimism surrounding US/Iran talks - Newsquawk US Market Wrap

US/Iranian negotiation teams reportedly to return to Islamabad for peace talks later this week; Trump tells NY Post talks with Iran could be happening over the next two days in Pakistan; Iran reportedly mulling pausing its Hormuz shipping to avoid derailing talks; US CENTCOM said no ships made it through the US blockade in the first 24 hours; Cooler-than-expected US PPI; BoJ is said to be considering a sharp increase to its price forecast this month; JPM beats on Q1, cuts FY NII outlook; WFC misses on revenue and FY NII view; C beats on earnings.

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