US President Trump told a Cabinet meeting a deal with Iran remains possible but said he is increasingly distrustful of Iranian leaders, accusing them of lying and citing five missiles fired at Jordan during negotiations. He described Iran’s conventional forces as largely crippled — “no navy, no air force, no air defenses,” though not wholly without capability — and reiterated Iran must not obtain nuclear weapons. Asked about the next four weeks, Trump warned Washington would carry out “very seve

2026-08-01

US President Trump told a Cabinet meeting a deal with Iran remains possible but said he is increasingly distrustful of Iranian leaders, accusing them of lying and citing five missiles fired at Jordan during negotiations. He described Iran’s conventional forces as largely crippled — “no navy, no air force, no air defenses,” though not wholly without capability — and reiterated Iran must not obtain nuclear weapons. Asked about the next four weeks, Trump warned Washington would carry out “very severe” strikes and predicted mounting pressure would force Iranian concessions. He said advisers including Kushner, Vance and Rubio were involved in talks and criticized negotiators for prolonging discussions.

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2026-07-31

European equities on Friday, July 31: Germany's DAX closed up 68.42 points (+0.27%) at 25,642.92; Britain's FTSE 100 closed down 21.08 points (-0.19%) at 10,876.19; France's CAC 40 closed up 24.00 points (+0.28%) at 8,509.64; STOXX Europe 50 closed up 14.95 points (+0.24%) at 6,359.35; Spain's IBEX 35 closed up 15.58 points (+0.08%) at 19,773.28; Italy's FTSE MIB closed up 52.62 points (+0.10%) at 52,157.00.

2026-07-31

BlueBay CIO Mark Dowding said in a report that if Fed Chair Kevin Warsh abandons forward guidance, the risk of market confidence evaporating would rise. He said forward guidance has historically underpinned the Fed's credibility and that an information vacuum would likely amplify market doubts. With US debt at record highs and rising rapidly, a hands‑off approach to market direction could leave significant vulnerabilities if confidence suddenly collapses.