Markets Rally on Ceasefire News

The prospect of de-escalation in the Middle East has triggered a sharp surge in international equities, with the FTSE 100 and DAX seeing gains of up to 5%.

Brent crude futures dropped nearly 17% to approximately $91 per barrel, marking one of the largest single-day declines in years.

Traders have also adjusted their expectations for central bank policy, with a Federal Reserve rate cut now back under consideration.

However, analysts warn that the volatility may persist until a permanent peace agreement is finalized and fuel supplies normalize.