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Global Daily: Off ramps, on ramps

24 June 2025 5:17 RaboResearch
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Markets are in a jubilant mood this morning as Donald Trump announced that Israel and Iran have agreed to a ceasefire to begin within hours. Brent crude prices have fallen by more than 7% at time of writing to $71.48/bbl and US equity indices have finished the day higher across the board. Equity futures in North America and Asia are also pointing higher.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more