Markets Rally and Oil Prices Plunge on US-Iran Talks Amid De-escalation Hopes
Eurozone bonds rallied, the British Pound and Polish Zloty rebounded, and oil prices plunged by 8% after Donald Trump announced 'good and productive conversations' with Iran, leading to market relief despite Iran denying talks and launching new attacks.
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Trump plays up prospect of diplomatic end to Iran war
US president soothes markets but doubts on strategy and Tehran’s position persist
Read full article →Eurozone bonds rally, GBP rebounds dramatically as Trump halts some Iran strikes
Trump said on Monday that he has had "good and productive conversations" with Iran, leading to some relief in markets strained by the Iran war.
Read full article →Milan bourse closes 0.81% up on Trump's comments on Iran war
(ANSA) - ROME, MAR 23 - The Milan bourse closed 0.81% up Monday after US President Donald Trump said he had postponed strikes he had threatened on Iran's energy infrastructure for five days after positive talks with Tehran on resolving hostilities. Milan's FTSE Mib index, which had fallen blow the 42,000-points mark in early trading, climbed to 43,189 points by the close. After crossing the 100-basis-points mark earlier in the day, the spread between Italy's 10-year BTP bond and the German Bu...
By ANSA
Read full article →Oil prices plunge 8% on US-Iran talks to resolve hostilities in the Middle East
Crude plunged nearly 15% before trimming losses after Iran launched new attacks and denied talks with the US
By Reuters
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