Peace Hopes Lift Stock Markets Again

Global equity markets rose as geopolitical tensions eased following hints of progress in U.S.-Iran negotiations. Meanwhile, the Bank of Japan faces less pressure to hike rates as inflation came in below expectations.

Key Takeaways

• 1.Global stock markets rose on renewed optimism for a potential U.S.-Iran agreement, despite unresolved issues regarding the Strait of Hormuz.
• 2.U.S. President Trump reversed a previous decision on Poland, increasing planned troop deployments to 5,000 following the election of President Karol Nawrocki.
• 3.Lower than expected Japanese core inflation (1.4% y/y) provides the Bank of Japan room to delay rate hikes.

Table of Contents

• Global key stories
• U-turn about Poland soldiers.
• In Asia
• Calm macro Friday.
• Nordic key stories
• Speaker premiere.
• Today's key events
• Market data

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