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Asian equities surge, crude plummets as easing Middle East tensions spark risk-on rally

Source: SeekingAlpha

2026-06-12 01:47:43 ET

Asian equities traded higheron Friday as hopes for a US-Iran peace agreement sparked a broad risk-on rally across global markets. Global risk appetite improved significantly after US President Trump stated that a deal with Iran could be reached as early as this weekend, following his decision to postpone planned military strikes....

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Asian equities surge, crude plummets as easing Middle East tensions spark risk-on rally
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