US' Pompeo: Israel-UAE peace deal important step forward for Middle East stability

Eren Sengezer FXStreet

The peace deal between Israel and the United Arab Emirates is an important step forward for Middle East Stability, US Secretary of State Mike Pompeo said on Friday.

"International community should speak with one voice on Iran," Pompeo further told a press conference in Vienna, per Reuters. "We will do everything we can to ensure arms embargo on Iran is extended."

Market reaction

These comments don't seem to be having a significant impact on market sentiment. As of writing, the S&P 500 futures were down 0.07% on a daily basis.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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