Introducing Radar Lite: A Whole Lot of Radar. For a Lot Less.

Global equities resumed their rally after a brief pause, driven by optimism that Iran may rejoin negotiations with the US, easing geopolitical tensions ahead of a ceasefire deadline. The MSCI All Country World Index rose 0.2%, while Asian equities gained 0.8%, supported by renewed enthusiasm for AI-related stocks.

Global equities pushed to fresh record highs as optimism around a potential extension of the US–Iran ceasefire kept oil prices contained and helped unwind war-driven risk premiums. The MSCI All Country World Index rose for a 10th consecutive session, while Asian equities gained 1.3% and have now largely erased losses tied to the conflict.

Oil prices surged while global markets turned cautious after renewed US–Iran tensions over the weekend disrupted earlier optimism about easing conflict. Brent crude jumped 5.5% as incidents in the Strait of Hormuz raised concerns about supply disruptions, while US equity futures and European stocks declined.