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Pakistan’s Mediation Prompts Israel to Pause Targeting of Top Iranian Officials

  Israel reportedly had the coordinated of Iranian Foreign Minister Abbas Araqchi and were ready to assassinate him. Israel has temporarily removed Iranian Foreign Minister Abbas Araqchi and Parliamentary Speaker Mohammad Baqer Qalibaf from its strike list following a request conveyed by Pakistan to the United States, according to a Pakistani source familiar with the discussions.  The source told Reuters that Israel had already identified the officials’ coordinates but agreed to stand down after Washington relayed Islamabad’s warning that eliminating them would leave “no one else to talk to” amid ongoing efforts to explore possible peace negotiations.  The Wall Street Journal earlier reported that the two Iranian leaders were removed from the list for four to five days , though it did not mention Pakistan’s involvement.  Pakistan, alongside Egypt and Turkey, has been acting as a mediator between Tehran and Washington during the Iran war, maintaining direct comm...

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Stock Futures Rise as Wall Street Nears the End of a High-Flying Q2

In recent weeks, the stock market has seen impressive gains, with the S&P 500 up around 4.5% and the Nasdaq surging approximately 8%. However, there are signs of fatigue, particularly for Nvidia (NVDA), which had been a standout performer.  

As we head into the last week of Q2, keep an eye on macroeconomic developments and the upcoming release of the Personal Consumption Expenditures (PCE) index, which could impact the Federal Reserve’s rate-cut decisions. Additionally, consider the valuation perspective—Nvidia’s stock trades at a premium compared to other tech giants like Microsoft and Apple.


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