Market AnalysisIMPORTANTAugust 17 at 06:31 AM

[MARKET UPDATE] Broad risk on after US-Iran reportedly agree to extend MoU; Brent falls over USD 1/bbl, Stocks, Fixed Income and high-beta FX lifted; Brent pares most of the move within two minutes, following through to other assets

StockNow breaking-news AI analysis

Brent crude and stocks saw two minutes of high volatility on August 17, 2026, following unconfirmed reports of a US-Iran MoU extension, which officially remains unextended.

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Geopolitics

Al-Arabiya sources said the 60-day period between Iran and the US has been extended [details light]

Politics

US President Trump posts "The number one Goal is, and always will be, that Iran cannot have, in any way, shape, or form, a Nuclear Weapon. Thank you for your attention to this matter! President DONALD J. TRUMP"