Pakistan army chief’s reported visit to Iran stirs up murmurs about an agreement
Earlier in the day, Iran media reported that Pakistan’s army chief was due in Tehran on Thursday. Adding that this is largely to continue mediating the situation with the visit aimed at continuing “talks and consultations". That considering the fact that Iran is still reviewing the latest US peace proposal to the conflict.
So far, the only official response from Iran is that they are still examining the US proposal and have not yet given an answer to that. However, the visit of Pakistan’s army chief is now starting to stir up some rumours and murmurs of an imminent deal to be announced.
Al Arabiya (who have been inconsistent in terms of reporting accuracy since the war started), is saying that the visit is taking place upon the approval of the agreement to the US proposal. Al Hadath (who also has inconsistent reporting to the events in the Middle East) is saying that the visit is “linked to reaching the agreement framework".
Now, these wordings are the real issue here as they make it sound like a deal looks imminent or it insinuates that an agreement looks to be the next step surely.
I don’t want to point fingers to say that they are wrong but I don’t want to be one to jump the gun as well. After all, these same sources have been misrepresenting facts on multiple occasions about previous “deals" and “agreements" for the past few weeks.
So, make what you will of the murmurs but they are certainly out there.
It is in part perhaps what is leading to a slight pick up in the risk mood with S&P 500 futures briefly paring losses to be up 0.2%. Now, futures have settled down a bit back to flat levels on the day.
This article was written by Justin Low at investinglive.com.