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On February 6th, Iranian Foreign Minister Araqchi issued a statement ahead of the start of nuclear negotiations with the United States, saying, "Iran embarks on its diplomatic journey with a clear mind, remembering the events of last year. We participate with sincerity while firmly defending our rights." Araqchi also stated that commitments must be fulfilled. Equality, mutual respect, and common interests are necessary conditions and cornerstones for reaching a sustainable agreement. The United States and Iran are scheduled to hold nuclear talks in Muscat, the capital of Oman, on the 6th. Neither side has yet specified the format of the talks.
February 6th, Futures News: Economies.com analysts latest view: In recent intraday trading, WTI crude oil futures prices rose, benefiting from support at the EMA50. The EMA50 provided a solid foundation, helping the price rebound higher and reducing previous losses, thus consolidating the positive stability of intraday prices. This performance was achieved with the main short-term uptrend dominating, and prices continuing to trade along the support trendline, indicating stable upward momentum. Meanwhile, the Relative Strength Index (RSI) issued a positive signal after reaching oversold levels, supporting a scenario of continued recovery and an attempt to resume upward momentum in the short term.
Japans December coincident economic indicator preliminary reading was 114.5, below the expected 114.4 and the previous reading of 114.9.
Japans preliminary leading index for December was 110.2, below the expected 109.8 and the previous reading of 109.9.
Japans leading economic indicators rose 0.3% month-on-month in December, compared with 0.1% in the previous month.