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US stocks rallied and oil slumped after Trump cancelled planned strikes on Iran and touted a deal with Iran - Newsquawk Daily Asia-Pac Market Open
US President Trump said we just made a great settlement of war with Iran and that a signing of the Iran deal will probably happen in Europe and soon, while the Strait of Hormuz will open as soon as a deal is signed.
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zerohedge.com
Futures Rise, Oil Drops As US Ends Iran Strikes
“The market has taken the view that Trump doesn’t want to escalate further and has no interest in seeing oil prices surge again.”
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swissinfo.ch
Stocks Climb as Trump Signals US-Iran Deal Is Near: Markets Wrap
(Bloomberg) -- Wall Street powered a rebound in stocks as oil fell after President Donald Trump canceled planned strikes against Iran and signaled a deal is near, fueling hopes…
