European stocks surged today as the US-Iran ceasefire deal triggered a global relief rally. Travel stocks led gains climbing 7% as energy crisis fears eased. Oil prices tumbled from recent highs following the agreement to reopen the Strait of Hormuz.
SEE Sealed Air drops from major indices today as portfolio rebalancing accelerates. DBD Diebold Nixdorf joins indexes showing divergent corporate trajectories amid market volatility.
Givaudan reports earnings as the $32B Swiss flavor giant navigates commodity price swings. GKOS Glaukos presents at investor conferences alongside medical device peers.
Asian markets traded mixed as investors assessed Trump's extended Iran deadline. The dollar held firm despite bond market strength in Europe. Government debt posted its strongest day since 2023 as traders trimmed interest rate rise bets.
Private credit faced pressure with investors pulling $20B in Q1. Apollo, Ares and Blackstone absorbed heavy redemption requests showing liquidity concerns spreading.
Gold steadied after recent volatility while Turkey's central bank deepened bullion sales with $20B in March transactions supporting the lira. Zero IPOs appear on calendars this week as capital markets digest geopolitical shifts.
Over 690 companies report earnings globally through April 16.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
