Details of the US-Iran ceasefire agreement announced, gold surges sharply, international oil prices plummet, Japanese and South Korean stock markets close higher collectively, and US stock futures soar significantly.

Reuters, citing a source on the 6th, said the United States and Iran have received a draft plan for a ceasefire agreement, which may take effect on the 6th. The plan is intended to first achieve an immediate ceasefire, reopen the Strait of Hormuz, and then reach a final agreement within 15 to 20 days. 【More ceasefire agreement details】

According to China News Service’s Sina Finance, on the 6th, spot gold saw large fluctuations throughout the day. After the market opened, it continued to fall, then surged sharply in a straight-line move, turning from a decline to a rise. As of the time of publication, spot gold has broken through the $4700 mark, quoted at $4702.462 per ounce, up more than 0.5%.

International oil prices plunge sharply

International oil prices plunge rapidly. As of the time of publication, WTI crude oil futures were down 1.81%, at $109.52 per barrel; ICE Brent crude futures were down 0.54%, at $108.44 per barrel.

Wind (same below)

During the early trading session, WTI crude oil futures once jumped by more than 3%, touching a high of $115.48 per barrel; ICE Brent crude futures’ gains were also once more than 2%.

Japanese and South Korean stock markets open higher and rise strongly

On April 6, Japanese and South Korean stock markets opened higher and rose strongly. By the close, they all ended up higher. The Nikkei 225 closed up 0.55% at 53413.68 points. South Korea’s KOSPI closed up 1.36% at 5450.18 points.

U.S. stock index futures surge sharply during trading

U.S. stock index futures surged sharply during trading. Nasdaq futures, S&P 500 index futures, and Dow Jones futures all turned positive at one point. Previously, Nasdaq futures had fallen by nearly 1%, while S&P 500 index futures and Dow Jones futures had each fallen by nearly 0.80%. As of 16:43 Beijing time, Nasdaq futures were up 0.53%, S&P 500 index futures up 0.28%, and Dow Jones futures up 0.06%.

Before the U.S. market opened, storage-chip concept stocks rose collectively. As of 16:00 Beijing time, Micron Technology and SanDisk were up more than 3%, Western Digital up more than 2.5%, and Seagate Technology up 1.83%. Big tech stocks also rose collectively: Tesla was up 1.51%, while Microsoft and Meta were up more than 0.60%, and Google was up 0.75%.

Eight countries including Russia, the UAE, and Iraq jointly announced: raise crude oil production

On April 5, local time, OPEC and non-OPEC oil-producing countries held a meeting among eight member states of “OPEC+” and decided to increase crude oil production by 206k barrels per day starting May 2026, continuing the prior plan of gradually phasing out voluntary production cuts.

The participating countries include Saudi Arabia, Russia, the UAE, Iraq, Kuwait, Kazakhstan, Algeria, and Oman. The meeting made no other adjustments to current production policy.

China News Service (CNS1952) compiled from: China News Service’s Sina Finance, China Economic Net, The Economic Daily, the CCTV News client, CCTV International News, etc.

Editor: Ding Baoxiu