TRADING DAY Markets gorge on huge TACO

World markets soared on Wednesday and oil had its biggest fall in five years, as investors gave a hearty welcome to the ceasefire in the Iran war. The question now is whether this is just a mega-relief rally, or a major turning point in ​sentiment.

Apr 9, 2026 - 04:00
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TRADING DAY Markets gorge on huge TACO
World markets soared on Wednesday and oil had its biggest fall in five years, as investors gave a hearty welcome to the ceasefire in the Iran war. The question now is whether this is just a mega-relief rally, or a major turning point in ​sentiment.

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