Europe opens higher as peace-driven risk rally lifts stocks, metals surge and Brent slumps
Executive summary: European equities opened firmer, led by the Euro Stoxx 50 and CAC 40, as a broad risk rally followed reports of a U.S.-Iran peace breakthrough. Brent crude fell sharply, while gold, silver, platinum and palladium all surged, pointing to a fast rotation into havens and industrial metals at the same time. The euro and pound also strengthened against the dollar, while natural gas weakened. The move matters because it combines lower energy costs with stronger equity sentiment, but the scale of the commodity swings suggests traders are still pricing in headline risk and not a fully settled geopolitical... [Continue Reading]
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