Looking

• President Trump expressed optimism that an Iran peace deal is 'looking very good,' signaling potential near-term resolution to the US-Iran conflict that has destabilized financial markets. • Investors are actively weighing the likelihood and terms of a potential Iran truce as a key variable influencing near-term market direction and energy price trajectories. • Geopolitical risk premiums embedded in oil prices and equity valuations could face significant repricing if a comprehensive ceasefire agreement is formally announced.

Triple J signed off with the hip-hop anthem Express Yourself while other radio and TV networks filled the air with BBC broadcasts, re-runs and soothing musicSign up for Guardian Australia’s free weekly media newsletter hereBroadcasters had warned their audiences that the ABC would look “a bit different” on Wednesday – and as the clock struck 11am, they weren’t wrong.As more than 2,000 ABC staff walked off the job for the first time in two decades in protest of their working conditions, the public broadcaster’s news channel switched over to the BBC.Sign up to get Guardian Australia’s weekly media diary as a free newsletter Continue reading...

Beijing seeks to decipher effect of Iran war on US midterms and best way to apply pressure when Trump meets XiThe White House said on Wednesday that China had agreed to postpone Donald Trump’s visit to Beijing, as war in the Middle East rages on, complicating the US president’s position at home and abroad.China has not yet commented on the delay to the highly anticipated trip, in which Trump and the Chinese president, Xi Jinping, will meet in person for the first time since October. Trump previously said he hoped to delay the trip, originally scheduled to run from 31 March to 2 April, for “five or six weeks”. Continue reading...