SHARES OF CK HUTCHISON UP MORE THAN 2%

The U.S. is awaiting Iran's response to a potential peace summit, with talks set for as soon as Thursday, according to sources. President Trump seeks to de-escalate the war, but concerns over Iran’s control of the Strait of Hormuz complicate efforts. A 15-point U.S. proposal for a deal, including significant nuclear concessions from Iran, has been shared with Israel, but skepticism remains about Iran’s commitment. Meanwhile, the U.S. prepares for possible military escalation, including deploying the 82nd Airborne Division.

China’s most active domestic futures saw mixed performance, with LPG and fuel oil down over 7%, ethylene glycol (EG) falling more than 6%, and SC crude, Europe-route container index, and low-sulfur fuel oil (LU) down over 5%. On the upside, Shanghai silver gained over 7%, platinum and palladium rose more than 5%, and Shanghai gold advanced over 4%.