US EditionDollar falls and São Paulo stock exchange surges after Trump's truce signal with Iran
3 Articles
3 Articles
Dollar falls and São Paulo stock exchange surges after Trump's truce signal with Iran
Brazilian financial markets posted one of their best sessions of the year on Monday after President Donald Trump announced a five-day postponement of strikes against Iran's energy infrastructure, citing “productive conversations” with Tehran.
Historically, the biggest volatility on the stock market has been recorded on Monday. Yesterday’s session reconfirmed this statistic. After an over-reaction negative to the start of the session, mid-morning, European stock markets began to turn around and finally closed in positive. It seems that the international stock exchanges have taken a five-day break, coinciding with the truce granted by the Trump administration to Iran. The 10% drop in t…
The price of the barrel falls more than 10% below 100 dollars and the Ibex-35 adds 1% in the hope of a rapprochement with Iran
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