Global Market Today: Asian stocks gain, dollar wobbles as Trump extends Iran ceasefire

April 22, 2026

U.S. stock futures rose and the dollar wavered after President Trump announced an indefinite extension of the Iran ceasefire, buoying market sentiment. Despite the Strait of Hormuz remaining closed, oil prices held onto recent gains. Markets took the news in stride, with risk momentum intact as global markets rebound to pre-war levels.

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