Friday, 22 May 2026 | 07:00 UTC
US-Iran peace talks show tentative progress with Pakistan mediating and Trump hinting at "final stage" negotiations, though Iran remains defiant on uranium restrictions. UK PMI collapsed to 48.5 (vs 52.6 prior), signaling European growth concerns, while elevated yields (US 10Y: 4.59%) and $378M BTC ETF outflows suggest institutional risk-off positioning. Key risk: Trump's "few days" deadline for Iran response could trigger renewed military action.