Hello, this is Leonie Kidd writing to you from London. Welcome to today's edition of the Daily Open newsletter. The relief rally was short-lived. Uncertainty around the status and content of the U.S.-Iran peace framework has crept into market sentiment. Over the past 24 hours, the White House has had to confirm that a structure for a peace deal has been signed, ahead of a formal signing set to take place on Friday, but it's also had to deny that the U.S. is paying Iran $300 million, which U.S.