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Asia open: Relief rally in stock markets as Trump signals final stages of U.S.-Iran peace deal
Global markets rebounded sharply after Donald Trump stated the U.S.-Iran peace deal is in its “final stages,” easing geopolitical fears and sending oil prices sharply lower. Meanwhile, NVIDIA posted record-breaking Q1 earnings that reinforced the strength of the AI investment boom, although Fed minutes revealed policymakers remain open to future interest rate hikes. Investors are now balancing renewed risk appetite against persistent inflation and elevated bond yields.
by Kelvin Wong
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