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flag Markets surged as Israel-Iran ceasefire reduced fears of broader Middle East conflict.

flag Global markets rallied and oil prices fell after a ceasefire between Israel and Iran seemed to reduce the risk of a wider conflict in the Middle East. flag Despite Iran's retaliatory missile strikes, investors view the risk of further disruption as low, with major indexes and Asian markets showing gains. flag However, Federal Reserve Chair Jerome Powell's comments on interest rates and concerns about Iranian cyberattacks suggest potential market volatility ahead.

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