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US Market Open: Iranian Foreign Minister says they expect a US response today; AUD lags post-RBA

Iranian Foreign Minister Araghchi said Tehran discussed proposals with Qatari mediators to present to the US, and that a response is to be relayed to Tehran through Qatari mediators. Iranian Foreign Minister said they expect a US response today; Brent -0.2%Iran was reported to have agreed to halt enrichment in exchange for easing US sanctions, although the Iranian Foreign Ministry spokesperson later denied these reports.US President Trump denied reports that he is prepared to ease sanctions on Iran and release its frozen assets in exchange for progress on the nuclear issue.European bourses…

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