While equity traders rejoiced at news the US and Iran would sign a pact on Friday, debt markets had a muted reaction. But the development will impact inflation.

The Australian sharemarket rallied after Donald Trump announced a peace deal that includes an immediate ceasefire “on all fronts” of the war in the Middle East.

SYDNEY: Share markets surged in Asia on Monday (Jun 15) while the dollar slipped and oil prices slid as news that the United States had agreed to a peace deal with Iran boosted…

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. Oil prices plummeted on the news, with…

Euro zone bond yields stabilized after a recent dip. A US-Iran deal to reopen the Strait of Hormuz is easing energy supply concerns. This development is reducing inflation worries…