The U.S. and Iran announced that they had reached an agreement to end the war, which would be signed this Friday, triggering a wave of risk-on sentiment in the markets, with the Nasdaq rising nearly 3% and the S&P 500 up 2% following gains of 5% in Japan and 1% in Europe. Rates fell less than expected, dropping 5 basis points in Europe and 2 basis points...

The week closes with the spotlight on SpaceX’s IPO—the largest in history after raising $75Bn—amid a positive day in the markets, with global equities rising and crude oil falling 4% after the U.S. said there is “an 80% probability of a deal with Iran.” The dollar depreciated 0.20% (DXY 99.7)...

Trump canceled his plans to attack Iran, triggering a massive rally in U.S. equities (Nasdaq +2.5%, S&P 500 +1.75%) and Treasuries, whose yields fell 10 basis points, along with a 4% decline in crude oil prices, with WTI closing at $86 and Brent at $89...

Markets are seeing increased volatility amid renewed escalation in rhetoric between the U.S. and Iran, with global equities falling and interest rates rising despite U.S. inflation coming in exactly as expected, at 4.2% year-over-year for headline inflation and 2.9% for core inflation. Crude oil rose 3% and metals fell sharply, leaving...

A day of extreme volatility, amid reports that Iran shot down an American helicopter, to which Trump said the U.S. would have to respond. The Nasdaq was down more than 3% at one point, but closed down just 1% amid a strong recovery in the broader market, which also saw crude oil down 3% along with metals and agricultural commodities. Treasuries rose to...

Asian equities opened the trading session with an average decline of 1.5%, followed by gains in Europe and the U.S., where the Dow led the way with a gain of nearly 2%, accompanied by a 2-4 basis point drop in yields in both Europe and the U.S. In commodities, crude oil fell 3% amid apparent progress in negotiations between the U.S. and Iran...

New attacks between the U.S. and Iran put markets on the defensive, with crude oil rising 2.5% (WTI $96, Brent $98), while global equities fell, accompanied by a rise in interest rates of up to 9 basis points in Europe and 6 basis points in the U.S.; U.S. interest rate futures continue to point...

Equity indices were in positive territory across major markets, led by Hong Kong’s Hang Seng and the Euro Stoxx 50, rising alongside European government bonds (yields down 4 basis points) and U.S. Treasuries, which closed marginally higher. In commodities, crude oil rose 1.5%, while metals and agricultural commodities...

Following reports that Iran would suspend negotiations with the U.S. over Israel’s attacks in Lebanon, Trump said the negotiations are moving forward “quickly,” causing further confusion in the market, which ended with oil up 5% after having risen as much as 8%, and Treasuries down (yields up 4–5 bps)...

Greater optimism regarding a deal between the U.S. and Iran led to a risk-on day for equities, with global indices rising, although trading volumes were low due to Monday’s holiday. Yields in Europe fell by 5–7 basis points, and in the U.S. by 2 basis points...

Marco Rubio said there are “positive signs” regarding a deal between the U.S. and Iran, lifting the market on a day that had been mostly in the red, with the Treasury yield curve ending at...

Oil prices fell 6% amid expectations of a deal between the U.S. and Iran—which Trump said is “very close”—with WTI closing at $98 (which also rolled over to the July contract) and Brent at $105, along with base metals and agricultural commodities...