Ceasefire news lifts trading sentiment (opens original article in a new tab)

A US-Iran ceasefire deal and the reopening of the Strait of Hormuz have boosted investor sentiment, leading to falling oil prices and rising gold and stock markets in Thailand.

• Stock market analysts and gold traders are optimistic due to a US-Iran ceasefire deal
• Oil prices dropped significantly following the agreement to reopen the Strait of Hormuz
• Gold prices rose as lower oil prices eased inflation and interest rate concerns
• Thai equities are expected to rise with the SET index potentially reaching 1,700 points