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Iran ready to abandon nuclear program on a rewarding US offer – Sky News Arabia

Sky News Arabia reported on Thursday that Iran's Deputy Foreign Minister said that Iran is ready to abandon its nuclear program on the condition that the United States presents a rewarding alternative offer.

Market reaction

The immediate market reaction to this headline helpd the risk mood improve and caused the US Dollar (USD) to lose its traction.

At the time of press, the USD Index was down 0.1% on the day at 98.85, while US stock index futures were trading marginally higher on the day.

Additionally, crude oil prices turned south and the barrel of West Texas Intermediate (WTI) was last seen trading at $75.70, down about 0.5% on a daily basis.

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $84.52 per troy ounce, up 1.62% from the $83.18 it cost on Wednesday.
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PLN: NBP cuts but zloty downside limited – ING

ING’s Frantisek Taborsky reports that the National Bank of Poland cut rates by 25bps to 3.75% despite global volatility, with forecasts showing inflation near target by 2028 and solid growth.
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