UOB
SIA Return RateTrump said the U.S.-Iran peace deal is "very close," and Iran agreed not to develop nuclear weapons for 20 years — the market rose on hopes for peace.
The stock market has been volatile due to Middle East tensions, which almost overshadowed the earlier market fluctuations caused by fears of an AI bubble. The outlook for the Middle East remains unclear and not optimistic for the coming weeks or even months.
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