Federal Reserve Chair Kevin Warsh said persistently elevated prices are a burden.

A JP Morgan Asset Management global markets strategist said the recent oil-price decline, prompted by a temporary US–Iran peace agreement due Friday, has cooled energy prices and opened selective value opportunities in European equities beneath headline indices. With the yield curve steepening, bank stocks “still have further upside,” and chemicals look attractive given their energy sensitivity and would gain if the recent oil shock reverses. He added market expectations that the ECB needs further hikes “appear overestimated.” He said 2025’s theme of embracing global asset diversification should continue as investors begin to navigate past the worst of the shock.

美国总统特朗普：伊朗领导层希望达成协议。