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Global markets rise on US-Iran deal
Reports indicated that global financial markets experienced significant gains following US President Donald Trump's announcement of a peace agreement with Iran, leading to increased investor appetite for high-risk assets. Futures for major American indices rose between 0.9% and 1.79%, while Asian markets surged over 5%. Oil prices also declined by about 5% amid expectations that the agreement will be officially signed by the end of the week. Meanwhile, investors are awaiting important economic data and Federal Reserve interest rate decisions.
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