Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Forex

Oil Prices Plunge Amid US-Iran Detente Hopes

Guavy AI Editorial Team
Instruments
USD
Share

Oil prices plummeted by as much as 7-9% on Monday due to hopes of de-escalation between the US and Iran, but stocks and bonds remained relatively steady.

The market is looking ahead to major tech earnings reports and the Federal Reserve's policy decision later this week, with investors attaching only a 35-36% probability to a rate hike.

China's chipmaker CXMT Corp soared over 470% on its Shanghai STAR Market debut, making it China's most valuable listed company and reigniting AI-stock frenzy.

The bond market is signaling that it doesn't put much faith in the latest US-Iran detente lasting or cooling inflationary pressures, with Treasury yields falling only modestly despite the sharp decline in oil prices.

More on Forex

Forex 2m ago

RBC Bond Paying 4.25% Interest Due in 2029

Forex 4m ago

Bank of Canada Locks in 2027 Interest Rate Decision Dates

Forex 4m ago

Trump Defends Economic Policies in Michigan Amid Tariff Concerns

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy