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This morning, in global markets, US President Donald Trump's 10-15 day deadline for a "meaningful deal" in negotiations with Iran, and his warning that "bad things will happen" otherwise, continues to suppress risk appetite. Trump's statements on Thursday, clarifying his demands on Iran, particularly regarding the nuclear program, and stating "We have to make a meaningful deal. Otherwise, bad things happen," and indicating that he expects results within 10-15 days, increased geopolitical tensions. Dollar index ~97.9. #US 10-year Treasury yield ~4.06%. #EUR/USD ~1.1755. #GBP/USD ~1.3443.
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