Asian and European Equities Surge as Oil Prices Plunge 13%

Asian and European equities saw a massive risk-on surge on Wednesday following a Pakistan-brokered ceasefire between the U.S. and Iran. Key Takeaways: Pakistan brokered a April 8 U.S.-Iran ceasefire, pausing the conflict after Israel hit Iranian rail infrastructure. Global markets surged as Brent crude fell 13% to $94.50 and South Korea’s Kospi index jumped 7%. […]