💨 Abstract

Economist David Miazzo discussed market reactions to the Iran-Israel ceasefire brokered by Donald Trump. He noted a significant drop in oil prices and a positive boost in stock indices, with markets seeking stability. While commodities like wheat remained stable, oil saw the most impact, though its rise may not be sustained. Miazzo highlighted Argentina's potential benefits from higher commodity prices but cautioned about global economic slowdowns and high U.S. interest rates.

Courtesy: WTOP Staff