Iran and the U.S. agree to a two-week ceasefire deal, and global stock markets surge across the board

GateNews

Gate News message: On April 8, the U.S. and Iran reached a two-week ceasefire agreement, and stocks across Asia-Pacific markets surged broadly. Taiwan’s weighted index closed up 4.61%, at 34,761.38 points; Japan’s Nikkei 225 index (Japan’s benchmark index) closed up 5.39%, at 56,308.42 points; South Korea’s KOSPI index (South Korea’s benchmark index) closed up 6.87%, at 5,872.34 points. The MSCI Asia Pacific index (Asia-Pacific benchmark index) saw its gains widen to 5%; Sri Lanka’s Colombo Stock Exchange Composite Index rose 4.2%; and both India’s SENSEX index and India’s NIFTY index rose 3.7%. In European markets, the STOXX 50 index (Europe’s blue-chip stock index) futures rose 5.3%, German DAX index (Germany’s benchmark index) futures rose 5.2%, and FTSE 100 index (the UK’s benchmark index) futures rose 2.9%.

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