Global markets rally as geopolitical tensions ease and inflation cools.

Global markets rally as geopolitical tensions ease and inflation cools. The ASX 200 climbed 0.5% to 8,970.80 points while European futures pointed higher, with DAX rising 0.67% and Euro Stoxx 50 up 0.5%. Sweden's inflation stabilized at 1.6% year-over-year, meeting expectations and supporting central bank flexibility. Israel and Lebanon began framework negotiations in Washington, signaling cautious optimism for regional stability. In corporate news, Nissan targets 20% market share in Mexico while maintaining its China-focused manufacturing strategy. BNP Paribas expanded its global reach through a partnership with Janus Henderson for banking and fund-servicing across Europe and Asia-Pacific. Energy markets remain stable as Iran reports favorable oil sales despite war damage estimates.