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Sunrise Market Commentary - ActionForex

Summary by Action Forex
Stock markets surged yesterday in response to the Axios scoop that suggested the US and Iran were nearing a deal, regardless of the ensuing contradictory statements from both warring parties. The EuroStoxx50 added 2.7% in what was its best day since the ceasefire one month ago. US equities marched up to 2% higher amid tech outperforming the rest. Asian markets are gaining too, building on yesterday’s gains.
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Action Forex broke the news on Thursday, May 7, 2026.
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