Indian shares ended notably higher on Friday amid growing optimism over a potential deal to end the Iran war.
Crude oil prices fell more than 2 percent today and the dollar headed for its second weekly loss after Israel and Lebanon agreed to a 10-day ceasefire, fueling optimism on the prospect of a long-term peace deal in the Middle East.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.