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* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
The NZD/USD had a range today of 0.5701-0.5732 in the Asia-Pac session; it is currently trading around 0.5702, -0.45%. The pair has completely walked back the reprieve it got from Breman yesterday. It too has been unable to build on any strength as currencies remain subdued, even in the face of what looks a healthy ris
US Envoy Witkoff: Talks With Iranian Delegation Held Through Mediators; Mediators Will Continue Their Work