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Geopolitics

Iran and Chinese Foreign Ministers reportedly hold talks in Kyrgyzstan during the Shanghai Cooperation Organization summit, Al Jazeera reports

StockNow breaking-news AI analysis

Iran and Chinese foreign ministers met during the SCO summit amid heightened US sanctions under Operation Economic Outcast targeting Iran-linked entities and trade channels.

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Geopolitics

Iranian President says that "we will abide by the agreement if America does", Al Jazeera reports citing ISNA; ⁠"Iran will immediately reciprocate if ⁠the US fulfils its commitments under ‌an interim deal signed in June"

FX/Bonds

[MARKET UPDATE] DXY moves to fresh session highs (99.54), weighing on peers such as EUR & GBP; USD/JPY heads back towards the 160.00 level; move appears to be contained within the FX space