Markets cheer U.S.-Iran Breakthrough though Middle East risks, Fed remain in focus

Global markets rallied following a U.S.-Iran peace deal, which includes the reopening of the Strait of Hormuz and a significant drop in crude oil prices. Investors are now shifting focus toward the upcoming Federal Reserve meeting, with expectations for interest rate hikes being pushed into 2027.
Why it matters
Geopolitical de-escalation in the Middle East is directly influencing global energy prices and central bank monetary policy.
President Donald Trump said over the weekend that the U.S and Iran had reached a peace deal and will sign it on June 19.
The article provides a market-focused analysis of geopolitical events without taking a political stance.
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