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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 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.