Iran deal set for announcement

From Forexlive:

Vienna-draft Iran nuclear deal calls for allowing UN access to all suspect Iranian sites, including military, based on consultations between P5+1, Iran – diplomatic source

Addressing questions about possible military dimensions of Iran’s past nuclear activities will be a condition for lifting sanctions – diplomatic source

Iran, IAEA have agreed on plan to resolve by end 2015 questions about possible military dimensions of past nuclear activity – diplomatic source

Iran-IAEA plan includes one visit to Iran’s Parchin military site – diplomatic source

Added – A US official confirms the 6 major powers have concluded meeting

Added more: “In a few hours (Mohammad Javad) Zarif and (Federica) Mogherini will read a joint statement at the U.N. headquarter in the presence of foreign ministers of six powers,” ISNA reported.

They’re not all getting together to say “no deal”. Brent has lost 1% already this morning:

We’re going to see $50 before $60 in my view…

Share

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.