Markets rally as Trump signals progress with Iran

Oil prices have fallen and global markets have rallied after President Trump hinted of a possible resolution to the conflict. Iran has denied any dialogue with the US.

We bring you the latest reaction after President Trump says the US has held constructive talks with Iran, even as Iran has denied any dialogue with the US.

Also, South Korea has a new central bank chief, Shin Hyun-song, known for predicting the 2008 financial crisis.