Just hours before Trump's deadline... Washington and Tehran reach a temporary truce, and markets rebound....

Hours before Trump's deadline, the United States and Iran announced a two-week temporary ceasefire mediated by Pakistan, easing tensions and opening the door for new negotiations. According to recent reports, the current understanding is not a final peace agreement but a mutual halt of operations linked to the reopening of the Strait of Hormuz and the start of negotiations based on an Iranian proposal of 10 points.
This development came hours after sharp threats issued by Trump against Iran, before he announced a two-week suspension of the attack, a surprising shift that renewed confidence in diplomacy rather than direct military confrontation. Reports also indicated that upcoming negotiations are likely to begin in Islamabad, with assurances that the ceasefire remains fragile and susceptible to collapse if field and political conditions falter.
Markets responded quickly to this breakthrough; oil prices fell sharply after fears of supply disruptions eased, while US stock futures rose and high-risk assets, including cryptocurrencies, regained investor appetite for risk. According to Reuters, US crude futures dropped more than 10% in early trading, while S&P 500 futures jumped about 1.6% after the ceasefire announcement.
Summary: What has happened so far is an important political breakthrough and a strong rebound in markets, but it remains more of a conditional truce than a comprehensive and final agreement. This means that the market trend in the coming hours will still depend on the durability of this understanding and whether it turns into a real settlement.
In your opinion, is what is happening now the beginning of a genuine political breakthrough, or just a calm before a new round of escalation?
#Israël #Iran #Trump