April 1, 2026 3:37 PM
World markets rocket higher on optimism Iran war could end soon
Stocks soared, bonds rallied and the dollar wallowed on Wednesday, as hopes of a de-escalation in the Iran conflict fuelled the biggest rebound in regional equities in more than three years. Europe's STOXX 600 surged 2.3% in early trade - on track for its biggest daily jump in a year - as travel stocks rose about 4% and aerospace and defence stocks were 3.6% higher. German bund yields fell 7 basis points . MSCI's broadest index of Asia-Pacific shares outside Japan rose 4.7%, snapping a four-da...


