1. Barclays and Citigroup significantly revised their Fed rate cut projections, indicating a more hawkish stance with cuts delayed until 2026/2027 or cancelled.
2. US Crude Futures fell over $2 per barrel following a US-Iran ceasefire agreement that boosted the global supply outlook.
3. Key Asian stock indices like the Nikkei, KOSPI, and China STAR50 surged to new record highs, reflecting strong regional market sentiment.
Fed Rate Outlook Shifts, Oil Dips on Iran Deal, Asia Markets Rally to New Highs
