A US-Iran peace deal could lead to lower oil prices, lower bond yields, and slower inflation, though its impact is uncertain and may not be immediate.

Major stock indexes soared on Monday, alongside a rise in bond prices, following an announcement by President Donald Trump of a preliminary peace agreement between the US and Iran aimed at ending Gulf tensions.

Iran's rulers face the challenge of managing competing demands from hardliners, who are energized by the recent confrontation, and ordinary Iranians who desire economic relief after a destructive war and years of sanctions.

Iran's theocratic rulers face challenges managing competing demands of hardliners and an impoverished populace as a war ends and their economy is in tatters.

Iran’s theocratic rulers have seen off a US military campaign but their real problems may be about to begin: managing the competing demands of hardliners buoyed by surviving the onslaught and those of an impoverished, angry people.

A US-Iran peace deal could lead to lower oil prices, lower bond yields, and slower inflation, but results are not guaranteed and may take time to materialize.

Donald Trump can claim a diplomatic victory after reaching an agreement with Iran to end the war in the Middle East, but numerous pitfalls remain and the US president has lost political capital.

The U.S. dollar slid to a 10-day low against the euro and sterling Monday, driven by an agreement to end the U.S.-Iran conflict that boosted outlook on global markets.