Switzerland Offers to Host Signing of US-Iran Peace Deal
- Markets rose on optimism for a US-Iran interim peace deal, with major US stock indexes increasing on Friday.
- The proposed interim agreement aims to end hostilities, reopen the Strait of Hormuz, and lift the US blockade on Iran, aiding global energy markets.
- Iran stated its leaders have yet to make a final decision on the interim peace deal, tempering market optimism.
- WTI crude oil prices fell due to expectations that the peace deal could ease supply disruptions.
13 Articles
13 Articles
While U.S. President Donald Trump and others have mentioned that the United States and Iran will sign a Memorandum of Understanding (MOU) to end the war as early as the 14th, Iran has not yet confirmed whether it has agreed to the "signing on the 14th" as of 7:00 a.m. on the 14th (Korea Standard Time). However, there are comments from the Iranian side stating that "it is highly likely that a signing will take place within a few days."
U.S. Stocks ($SPX, $DOWI, $IUXX) Extend Rally As US-Iran Interim Peace Deal Draws Closer
Markets pushed higher Friday as investor optimism grew over the prospect of a swift interim peace agreement between the United States and Iran. The S&P 500 Index ($SPX) (SPY) gained +0.50%, while the Dow Jones Industrial Average ($DOWI) (DIA) climbed +0.70% and the Nasdaq 100 Index ($IUXX) (QQQ) advanced +0.64%. June E-mini S&P futures (ESM26) rose +0.65% and June E-mini Nasdaq futures (NQM26) added +0.87%, reflecting broad-based bullish sentime…
Pakistan says US-Iran peace deal text agreed as Switzerland offers to host
GENEVA, June 13 — Switzerland has offered to host the possible signing of a peace agreement between the United States and Iran, the Swiss foreign ministry told AFP on Friday.“Switzerland is fully engaged. We are in close contact with the United States and Iran,” the ministry said in a brief message sent to AFP.A senior official in President Donald Trump’s administration said Friday that the United States was “80 to 85 per cent” confident of inki…
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