US-Iran Peace Deal Hits, Oil Plummets, Stock Market Set to Rally
Big news, geopolitical risks cooling down
The US and Iran have reached a peace deal, with a 'Memorandum of Understanding' set to be officially signed this Friday (June 19) in Switzerland.
Key points are twofold:
Free passage through the Strait of Hormuz
US lifting sanctions on Iran
In the next 60 days, they'll negotiate the final agreement, mainly discussing sanction relief, nuclear issues, how Iran will rebuild, and how to supervise the execution.
The capital markets are already reacting:
Oil prices crashing
US stocks soaring
Expect A-shares and Hong Kong stocks to follow suit.
Big news, geopolitical risks cooling down
The US and Iran have reached a peace deal, with a 'Memorandum of Understanding' set to be officially signed this Friday (June 19) in Switzerland.
Key points are twofold:
Free passage through the Strait of Hormuz
US lifting sanctions on Iran
In the next 60 days, they'll negotiate the final agreement, mainly discussing sanction relief, nuclear issues, how Iran will rebuild, and how to supervise the execution.
The capital markets are already reacting:
Oil prices crashing
US stocks soaring
Expect A-shares and Hong Kong stocks to follow suit.