Iran-US Deal: How Crude Oil, Gold, Sensex, Rupee and Bitcoin Reacted to Peace Breakthrough | N18G
Indian and global financial markets witnessed a sharp reaction on Monday after the United States and Iran announced a framework agreement aimed at ending their
Indian and global financial markets witnessed a sharp reaction on Monday after the United States and Iran announced a framework agreement aimed at ending their conflict, easing geopolitical tensions in West Asia and reopening the strategically crucial Strait of Hormuz.
The development triggered a broad rally across equity markets, strengthened risk appetite among investors and pushed crude oil prices sharply lower. Gold and Bitcoin, however, also moved higher as markets reassessed the outlook for inflation, interest rates and global economic growth.
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