Burgenstock Postponement Read Fires June 30 Iran Meeting Market to 76%
The June 30 US–Iran meeting contract hit 76.1% at 23:00 UTC Friday — up 18pp in 30 minutes — after Washington called today's Burgenstock cancellation a delay.
The June 30 US–Iran in-person meeting contract surged to 76.1% at 23:00 UTC Friday — up 18pp in the final 30 minutes — after Washington recast today's Burgenstock cancellation as a delay. The parallel June-19 window had already crashed to 21% when the MOU was signed remotely rather than in person; the June 30 contract took a sympathy hit to a 43.25% intraday low before buyers returned en masse. The session high was 83.6%; the official 24h change is −5.65pp, masking a 40pp intraday swing from peak to trough.
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