Asian equities opened higher, mirroring gains in US stocks and Treasuries as investors look past geopolitical tensions. Despite concerns over oil prices and inflation, markets show cautious optimism, with the Federal Reserve’s interest-rate decision awaited. Continued volatility is expected until the energy situation stabilizes.
Dollar drops as Trump ceasefire prompts risk-on turn for markets
Global markets surged as US President Donald Trump announced a two-week ceasefire with Iran. The US dollar weakened significantly against major currencies like the euro,