Global stocks surged to record highs as President Trump indicated progress in Iran negotiations, easing geopolitical tensions. This development boosted tech shares, particularly in South Korea, while Brent crude oil prices declined. The positive sentiment also lifted U.S. stock futures, anticipating lower inflation and robust economic growth.
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets
Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation