EMERGING MARKETS: MNI CEEMEA Week Ahead: NBH, CBRT & SARB Rate Decisions

(Axios) The U.S., Iran and the mediators are discussing holding the signing of the memorandum of understanding, currently scheduled for Friday, as early as Wednesday, according to a diplomat from one of the mediating countries and a second source familiar with the discussions.

Why it matters: If that happens, the MOU would be signed electronically, the parts of the deal concerning the Strait of Hormuz would go into effect, and the U.S. might finally release the text of the agreement.

Returning to earlier market moves (USD, yields, oil higher, equities lower) which have wholly stabilised - moves may have been triggered by an unverified and non-media affiliated Arabic social media account stating that the signing of the US-Iran Memorandum had been "canceled" due to attacks in Lebanon.
• The tweet itself has been deleted, and follow-up posts say "trip to Switzerland on Friday has not been canceled, but details [...] are still under discussion" - which is consistent with an old, non-market moving report in FARS.
• Vol shows that markets remain highly sensitive to newsflow on the conflict still - and markets await further details on the MoU later today from Trump.

Returning to earlier market moves (USD, yields, oil higher, equities lower) which have wholly stabilised - moves may have been triggered by an unverified and non-media affiliated Arabic social media account stating that the signing of the US-Iran Memorandum had been "canceled" due to attacks in Lebanon.
• The tweet itself has been deleted, and follow-up posts say "trip to Switzerland on Friday has not been canceled, but details [...] are still under discussion" - which is consistent with an old, non-market moving report in FARS.
• Vol shows that markets remain highly sensitive to newsflow on the conflict still - and markets await further details on the MoU later today from Trump.