Trump extends Iran ceasefire — but market focus has already drifted elsewhere
Lucian Nemoiu
Donald Trump's announcement that the ceasefire with Iran would continue for talks damped anxiety that the U.S. was about to resume strikes, but investors largely reacted with a shrug. Asian stocks were mixed overnight, while European markets traded slightly higher and U.S. equity futures pointed to marginal gains. International benchmark Brent crude and U.S. West Texas Intermediate futures whipsawed on Trump's announcement , trading at $99.81 and $90.86 per barrel, respectively, as of 4:52 a.m.
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