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📅April 8, 2026 at 1:00 PM
Global markets surge and oil plunges below $100 following US-Iran two-week ceasefire agreement, bringing relief after six-week conflict.
1

Global Stock Markets Rally on US-Iran Ceasefire Deal

Stocks surged worldwide after the US and Iran agreed to a two-week ceasefire just hours before President Trump's deadlineSource 1Source 2. Major indices including France's CAC 40 (up 4.0%), Germany's DAX (up 4.7%), and Asian markets like South Korea's Kospi (up 6.9%) and Japan's Nikkei 225 (up 5.4%) all posted significant gainsSource 3.

2

Oil Prices Plunge Below $100 Following Ceasefire

Oil prices dropped significantly below $100 per barrel in response to the ceasefire agreement between the US and IranSource 1Source 3. The decline reflects market relief from reduced geopolitical tensions and expectations that the Strait of Hormuz will reopen under the two-week truceSource 1.

3

Strait of Hormuz to Reopen Under Ceasefire Terms

Iran's foreign minister announced that passage through the Strait of Hormuz would be allowed for the next two weeks under Iranian military management as part of the ceasefire dealSource 3. The reopening of this critical shipping route provided significant relief to global energy markets that had faced disruptionSource 1.

4

US Equity Futures Rally Ahead of Market Open

US equity futures moved sharply higher following the ceasefire announcement, with Dow futures up 2.3% at 47,891.00 and S&P 500 futures rising 2.5% to 6,824.00Source 3. The rally reflected strong investor optimism about geopolitical risk reduction and potential for sustained economic growthSource 2.

5

Ceasefire Buys Time for Longer-Term Agreement

The two-week ceasefire provides an opportunity for the US and Iran to potentially reach a longer-term agreement to end the six-week conflict that has killed thousands and sparked a global energy crisisSource 1. Negotiators, including US Vice President JD Vance leading the American delegation, now have a defined window to pursue more permanent resolutionSource 1.

6

US Dollar Weakens as Safe-Haven Demand Eases

The US dollar fell to 158.35 Japanese yen from 159.52 yen, while the euro strengthened to $1.1671 from $1.1597 following the ceasefire announcementSource 3. The dollar's decline reflects reduced demand for safe-haven assets now that geopolitical uncertainty has decreasedSource 3.

7

European Indices Surge on Market Relief

Britain's FTSE 100 gained 2.3% to 10,582.86, while major European exchanges posted strong early trading gainsSource 3. The broad-based rally across European markets demonstrated investor confidence in the geopolitical de-escalationSource 1.

8

Asian Markets Post Strong Gains Across Regions

Hong Kong's Hang Seng surged 3.1% to 25,893.02 and Shanghai Composite added 2.7% to 3,995.00, while Australia's S&P/ASX 200 jumped 2.6% to 8,951.80Source 3. The region-wide advance reflected optimism about reduced Middle East tensions and stabilized energy suppliesSource 3.

9

Airline and Energy Stocks Benefit from Ceasefire

Airline stocks rallied following the ceasefire deal as investors anticipated reduced fuel costs and improved travel demandSource 1. Energy majors and commodity-sensitive sectors also moved higher as the combination of lower oil prices and reduced geopolitical risk improved market sentimentSource 1.

10

Trump Suspends Threatened Attacks on Iran for Two Weeks

President Trump announced he would hold off on threatened attacks on Iranian bridges, power plants, and other civilian targets during the two-week ceasefire periodSource 3. This suspension of military action provided the immediate trigger for strong market relief and the subsequent rally across global financial marketsSource 1Source 2.