Failure of US-Iran Talks Weigh on Risk Assets Monday

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:The dollar is expected to rise on Monday, after falling 1.4% last week, along with oil prices, analysts said.The dollar rose against major peers in early trading as the US and Iran’s failure to strike a peace deal over the weekend weighed on market sentiment, lifting demand for safe haven assets.The two sides couldn’t reach an agreement during talks in Pakistan, which is likely to disappoint investors who had added exposure to risk assets last week after the countries announced a ceasefire. Vice President JD Vance said negotiators will return to the US without a deal after Iran didn’t give a commitment it wouldn’t seek a nuclear weapon. Hours later, President Donald Trump said the US will begin a full naval blockade of the strategic Strait of Hormuz and threatened to retaliate in the event of Iranian resistance.