Oil prices fell below $100 per barrel, and global markets rebounded after US President Donald Trump said the Middle East war will end "very soon".
Addressing a news conference Monday, Trump reiterated that the U.S-Israeli joint military operation in Iran has been a "tremendous success", and will be over "very soon".
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.