US-Iran agreement creates positive sentiment in markets: Wall Street and Asia surge, yen at historic low
Tokyo and Seoul stock exchanges climb following the green close on Wall Street last night • New York futures signal continued rally led by technology • Geopolitical calm sends oil prices lower • Gold records…
Assessment
Markets across the US and Asia are rallying on a US-Iran agreement, with technology leading the charge and oil declining on geopolitical calm. Gold is experiencing its worst month since 2008, signaling a broad risk-on shift. The key question is whether this sentiment can hold without concrete economic data to support it.