Trump to Announce Peace Deal Signing Time and Location. Global Asset Markets Shaken, U.S. Stocks Rally Across the Board.

Tradingkey - On June 11, global asset prices experienced severe volatility. Both major crude oil benchmarks plummeted, while spot gold surged. The three major U.S. stock index futures strengthened in short-term trading, and U.S. Treasury yields fell sharply.

As of press time, WTI crude oil futures were down 3.72% at $86.68, while Brent crude oil futures fell 3.86% to $89.52. Spot gold rose approximately 2% to $4,159. The three major U.S. stock index futures traded higher across the board, with Dow futures up 1.58%, Nasdaq 100 futures gaining 2.33%, and S&P 500 futures advancing 1.31%.

U.S. President Donald Trump posted on social media: "Given that the discussions with the Islamic Republic of Iran have been submitted to and approved by Iran’s supreme leadership, I, as President of the United States, have canceled tonight’s planned strikes and bombing operations against Iran."

The relevant discussions and final points, both in principle and in extensive detail, have been approved by all involved parties, including the United States, Israel, Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and other nations. The maritime blockade will remain in full effect until this agreement is officially implemented—the time and location for the signing will be announced in the near future.