Trump Cancels Iran Strikes, Says Peace Deal Could Be Signed in 'Coming Days'
Trump cancels Iran strikes signaling peace deal; blockade cuts crude 18%, Strait closure spikes energy costs globally. World Bank warns 1.3% growth if conflict extends; ECB hiking rates—reset capex plans and lock vendor terms before costs climb.
Trump announced Iran deal cancelling strikes; equities rallied as Oracle fell 8% on $40bn capital raise. Geopolitical thaw supports risk-on rotation toward growth/tech, but elevated supercore inflation keeps Fed hawkish—capex-heavy plays face sustained rate pressure.
U.S. Launches Fresh Wave of Strikes Against Iran
Trump Cancels Iran Strikes, Says Tehran Has 'Approved' Talks
The rapidly shifting rhetoric has roiled markets as traders search for signs that a deal may be near. | World News
Trump cancels fresh attacks on Iran, citing agreement reached with Iran, signing awaits; Reports suggest Iranian Supreme Leader approval is still needed, but a positive sign that…
Big Stock Swings Herald the Return of Choppy Markets