📰 Market Declines Amid Hopes of Iran-Israel Ceasefire

Advisory Bazaar Info Services

▪️ Strong possibility of an imminent ceasefire between Iran and Israel

▪️ Donald Trump claims both countries have agreed to a full ceasefire

▪️ If Israel halts its attacks, Iran will also stop retaliatory strikes

▪️ Yesterday, Iran launched missiles at a U.S. airbase in Qatar

▪️ Sharp market decline observed following ceasefire news

▪️ We had previously stated – such wars don’t last long; avoid reacting to market rumors

▪️ Weakness seen in CBOT soybean oil and DCE palm oil; KLC is also trading lower