Global Markets Gain But Energy, Gold Prices Fall as Israel-Iran Agree to Cease-Fire
Oil and gas prices tumbled and stock markets gained across Asia and Europe on Tuesday as Israel confirmed a cease-fire with Iran, saying it had achieved its war aims. Iran's foreign minister posted on X that his country would halt its attacks as long as Israel did.
Market focus will now shift to global trade negotiations and upcoming U.S. central bank commentary. Federal Reserve Chair Jerome Powell and other officials are scheduled to speak this week, with investors closely watching for clues on the potential timing of rate cuts.
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