US-Iran Ceasefire Sparks Massive Market Rally, Oil Prices Plunge

Market News
1. The United States and Iran have agreed to a two-week ceasefire deal, triggering a massive risk-on reaction in global markets.
2. Global stock markets surged (Nikkei +4.5%, Eurostoxx futures +4.6%) and Brent crude oil prices plummeted by more than $16 in reaction to the ceasefire news.
3. The New Zealand Dollar (NZD) strengthened significantly by 1.5% after its central bank (RBNZ) decided to hold interest rates.