According to CoinMeta, Wall Street’s major indices are expected to open higher on Tuesday, as investors welcome reports of the United States and Iran being close to reaching some kind of agreement to end a six-month conflict. The Pakistani Defense Minister stated that recent signals indicate that a peace agreement is imminent, and the Qatar Foreign Ministry also said that negotiations between Iran and Oman have entered an advanced stage. Brent crude oil futures fell after hitting a one-week high, as the exchange of demands between the United States and Iran regarding the reopening of the Strait of Hormuz drove up oil prices by 5% on Monday. Market attention to the upcoming consumer and producer price inflation data may affect expectations regarding the Federal Reserve’s policy path.