AI Bias Analysis
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The US and Iran said they reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for 60 days of negotiations on the fate of Tehran’s nuclear program. (Source: Bloomberg)
Source
Bloomberg Markets
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The government’s move to lower taxes on certain sectors including cement and textiles is likely to support related shares as Pakistan looks to balance growth and compliance with its promises to the International Monetary Fund.
If the first day's share price is anything to go by, investors are still very optimistic on the stock.
London Bullion Market Association CEO Ruth Crowell thinks the narrative of gold's status as a safe haven still holds. She adds that it's important to measure safe haven status in years rather than weeks or months. She speaks with Paul Allen on "Insight with Haslinda Amin." (Source: Bloomberg)
Asian tech stocks surged Monday on news that Iran and the U.S. have reached a peace deal
