Global Stocks Rebound, Oil Slips on US-Iran Hormuz Deal Hopes; Fed Speeches in Focus

Global equities rise and Treasury yields fall as investors weigh a potential US-Iran agreement to reopen the Strait of Hormuz, despite continued threats to Saudi energy infrastructure. Fed speeches and Brazil's IPCA-15 inflation print are key catalysts. The market is pricing a partial de-escalation of Gulf tensions, but the deal remains unconfirmed.