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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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swissinfo.ch
Stocks Recover After US Ends Strikes on Iran: Markets Wrap
(Bloomberg) -- Traders are buying the dip in stocks as a swift end to the latest round of US strikes against Iran raised expectations that talks to reopen the Strait of Hormuz…
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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.”
