IRAN AMBASSADOR TO PAKISTAN: IRANIAN DELEGATION TO ARRIVE THURSDAY NIGHT IN ISLAMABAD FOR "SERIOUS TALKS" BASED ON 10 POINTS PROPOSED BY IRAN

ROCKET PROJECTILES LAUNCHED BY HEZBOLLAH TARGET SETTLEMENTS NEAR ISRAEL’S BORDER

The conditional two-week U.S.-Iran cease-fire should stabilize near-term market sentiment, says Anthony Kettle, managing director at RBC BlueBay Asset Management. He expects temporarily lower oil prices should ease inflationary pressures in vulnerable Asian economies and improve fiscal dynamics for importers. However, Kettle recommends avoiding structural bets until the cease-fire proves durable, and cautions that Middle Eastern energy exports will take time to normalize even if peace holds. Expecting energy prices to remain meaningfully elevated this year, RBC BlueBay advises investors to target sovereigns and corporations that are resilient to or benefit from higher energy costs.