Equities rise after Israel-Iran ceasefire, oil plunges

From Investing.com: 2025-06-24 04:10:00

Global markets saw a volatile session due to developments in Israel-Iran conflict. Iran’s retaliatory strike on a US airbase was seen as symbolic. President Trump announced a ceasefire deal, easing fears and boosting markets. WTI Crude dropped by -9.3%, sparking a risk-on sentiment. Equities rebounded from key support levels. Asian markets rose, with Japan, Hong Kong, and Singapore gaining. Aussie and Kiwi dollars strengthened while the Swiss franc weakened. Gold underperformed, falling -1.1%. Economic data releases are awaited. AUD/USD may see a bullish breakout, with key levels to watch for.



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