17/04/2026 Daily Reports
Global Equities Hit Record Highs as Ceasefire Hopes Fuel Rally; Oil Jumps on Supply Concerns
- In the United States, the Nasdaq Composite reached a fresh all-time record, closing up 0.36% . This marks the index’s twelfth consecutive day of gains, its longest winning streak since 2009. The rally is supported by optimistic comments from the US government regarding potential ceasefire negotiations with Iran. Market sentiment remained robust as investors largely looked past a recent jump in crude oil prices and firm US labor market data.
- In European markets, the German DAX index closed higher, adding 0.4%. The Frankfurt market tracked the broader global equity advance. European equities responded positively to signs of diplomatic progress in the Middle East, including a newly confirmed ten-day ceasefire agreement between Israel and Lebanon, which helped offset ongoing concerns over elevated regional energy costs.
- In the Asia-Pacific region, Japan’s Nikkei 225 index surged 2.4% to close at a new all-time high. The Japanese benchmark benefited directly from the overnight tech rally on Wall Street. Market participants shrugged off the immediate impact of higher global oil prices on the import-heavy economy, focusing instead on solid corporate earnings and the broader easing of geopolitical risks.
- Brent crude oil futures climbed over 4% to trade near $98 to $99 per barrel. The price jump occurred as market doubts resurfaced regarding the immediate success of US-Iran negotiations and the reopening of the Strait of Hormuz, which remains closed. Additionally, US data revealed that domestic crude inventories unexpectedly fell by 9.13 million barrels last week, further tightening the global supply outlook.
Account Opening
Open A Live Account
CDO has wide range of tools, professional and friendly support for clients to achieve their financial markets trading goals. Open a live account now to enjoy this experience with virtual deposit.
Oil Prices Dip: Is the Middle East War Finally Nearing an End?
The energy markets are seeing a significant shift this Friday morning as “Peace Optimism” begins to outweigh “Supply Fear.” Here’s the breakdown of the latest Reuters report:
- Prices Under $100: Brent crude has slipped to $98.05, while WTI fell to $93.40. The market is finally cooling off after the record-breaking 50% price surge we saw in March.
- The “Trump-Tehran” Weekend: President Trump has signaled a potential breakthrough, stating that the U.S. and Iran might meet this weekend. The goal? A deal to end the seven-week war that has choked global energy.
- Nuclear Concessions: In a major development, Trump noted that Tehran has offered to forgo nuclear weapons for over 20 years—a massive sticking point that could pave the way for a permanent ceasefire.
- The Strait of Hormuz Crisis: The closure of the Strait has disrupted a staggering 13 million barrels per day. Reopening this waterway is the “Holy Grail” for stabilizing global inflation and supply chains.
- Israel-Lebanon Ceasefire: A 10-day ceasefire between Lebanon and Israel is already in effect, removing a primary obstacle to the broader peace deal sought by the U.S.
Forex Mobile & Desktop App
CDO TRADER
CDO TRADER, our cutting-edge trading platform, follows the technology from the forefront with new features added continuously. Moreover, CDO TRADER is now available for Android and iOS! So it allows you to trade on the go!
