President Donald Trump said Iran has made key concessions and a deal to end the
war could be announced soon, adding a ceasefire extension may be unnecessary. He
cited “very successful” talks and possible weekend negotiations. However, Gulf
and European officials expect a peace accord could take about six months and
favor extending the truce. Iran has not commented on US claims. Optimism lifted
global equities to records, though Asian momentum eased and the MSCI ACWI
slipped 0.1% after a 10-day rally.