🌍 Global Macro Update — U.S.–Iran Talks Progress While Geopolitical Tensions Continue

The United States and Iran continue making progress in negotiations taking place in Switzerland.
Both sides have reportedly agreed to establish:
• A joint coordination committee
•A direct mechanism aimed at ending hostilities in Lebanon
📅 The goal is to reach a final agreement within the next 60 days.
🚢 The U.S. and Iran have also created a direct communication channel to reduce the risk of unintended incidents and help ensure safe maritime traffic through the Strait of Hormuz.🇬🇧 Meanwhile, UK Prime Minister Keir Starmer has announced plans to resign and is expected to transfer power before September.
The move could pave the way for Andy Burnham to become the UK’s 7th Prime Minister within a single decade.🇨🇳 China has added 10 U.S. companies to its export control list and restricted 46 American firms from participating in government procurement projects.
Beijing says the measures are a response to Washington’s latest trade and technology restrictions.
📉 Markets are now balancing between:
• improving Middle East diplomacy
• political instability in Europe
• and escalating U.S.
–China economic tensions
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