Possible scenario
Ceasefire Framework
+1.1%
A surprise breakthrough remains possible but unlikely because both sides would need to accept sequencing on territory, sanctions, security guarantees, and monitoring. If achieved, even a preliminary ceasefire framework would produce a stronger risk-on reaction than a humanitarian deal.
What it moves
- Energy−1.2%
- Industrials+0.9%
- Riskier companies' borrowing costs
- Market volatility
Keeping an eye on this scenario?
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