Stock markets surge following Iran ceasefire announcement, with world leaders welcoming 'very good' news: Live updates
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Stock markets have surged after US President Donald Trump announced an 11th hour ceasefire with Iran, with world leaders welcoming the news as a positive step towards peace. The ceasefire was brokered by Pakistan, with China intervening to urge Iran to show flexibility over the war's economic fallout.
Stock markets have surged after the US and Iran agreed to a ceasefire. The deal was announced by US President Donald Trump, who said he had agreed to suspend attacks on Iran for two weeks. The ceasefire was brokered by Pakistan, with China intervening to urge Iran to show flexibility. Global markets have reacted positively, with Frankfurt surging 5% and the FTSE 100 rising 2.55%. World leaders, including France's Emmanuel Macron and German Chancellor Friedrich Merz, have welcomed the news. The ceasefire is seen as a positive step towards peace, but its lasting impact remains to be seen.
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