US-Iran mediation efforts to continue, though US sources suggest the chance of a deal is limited; USD gains - Newsquawk US Market Open
- US Envoy Witkoff said mediators will continue their work, and he hopes talks will be constructive and promising.
- However, US sources told Al Hadath that the chance of a deal is limited and major disputes and obstacles remain.
- US equity futures give back earlier gains as focus turns to the Trump-Xi meeting.
- DXY bids higher despite lower energy prices; EUR little moved following broadly stronger PMI metrics.
- Fixed income benchmarks trade rangebound, as energy lacks a clear























