Ceasefire and Oil Crash: The Market Buys Peace with an Expiry Date

The US-Iran ceasefire reopens Hormuz and triggers oil’s worst crash since 1991. Global equity surges, Samsung posts a record $38B quarterly profit on AI chips, and SpaceX files the largest IPO in history. But the truce lasts only two weeks — and gold rising alongside equity says the market has removed the panic mask without putting on the confidence one.

READ MORE