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PIMCO

Stocks 'rejoicing' and oil falling on US/Iran peace deal

Gary Jackson
15 June 2026
Stocks have opened higher following news of a US-Iran memorandum of understanding, with falling oil prices, easing inflation fears and improving rate expectations combining to drive a broad risk-on rally.

‘We’re on an unsustainable course,’ warns former Fed chair Janet Yellen

Jonathan Jones
15 June 2026
Financial stability and fiscal policy are worrisome, although there is no immediate evidence of a crisis.

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