On the evening of May 25, European stock indices and US stock futures collectively rose, buoyed by optimism surrounding US-Iran negotiations. International oil prices experienced a significant decline.
As of 17:55, major European indices showed gains: the Euro Stoxx 50, Germany's DAX 30, France's CAC 40, and Spain's IBEX 35 all rose by more than 1%. The UK's FTSE 100 increased by 0.22%.
US stock futures also saw substantial gains, with Nasdaq futures rising over 1.3%. Dow Jones and S&P 500 futures climbed nearly 1%.
In the commodities market, international oil prices continued to fall sharply, with both WTI and Brent crude dropping over 5% to $91.11 and $94.76 per barrel, respectively. Meanwhile, gold and silver prices advanced. Spot gold rose more than 1% to $4,568 per ounce, while spot silver increased over 3% intraday to $78.05 per ounce.
On the news front, a report from Xinhua citing Fox News Channel on the 24th quoted an unnamed US official stating that the framework agreement between the US and Iran is currently "95% complete." The two sides have reportedly reached agreements on Iran's "nuclear stockpile" and issues concerning the Strait of Hormuz, with current negotiations focused on finalizing the "wording."
The anonymous official denied the possibility of an imminent US-Iran deal, stating, "We have not reached an agreement yet, and we will not sign one today or tomorrow." The official speculated that US President Trump might give negotiators from both sides five to seven days to finalize the agreement.
