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Asia-Pacific morning market shows clear divergence: crude oil opens sharply lower, US stock index futures strengthen across the board, driven primarily by US-Iran ceasefire expectations.
WTI crude oil opens 3.83% lower at $88.816/barrel; Brent crude falls 4.3% to $99.99/barrel, with geopolitical risk premium declining rapidly.
US stock index futures rise in sync, Nasdaq-100 futures up 1%, Dow and S&P 500 futures both up 0.72%, risk sentiment clearly warming.
On the news front, the US plans to propose a one-month ceasefire, negotiating 15-point agreement terms with Iran to end the conflict. The geopolitical hedging logic that previously supported oil prices has cooled significantly, pressuring crude lower, while risk assets experience recovery.
In the near term, markets will fluctuate around negotiation progress. If the situation continues to ease, oil prices may weaken further, and US stock risk appetite is expected to rise further.
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