Global markets swing on US–Iran War headlines as risk-on rally falters – a cross analysis on S&P 500, US Dollar Index, AUD/USD, and WTI crude
The global markets have once again seen a “wild swing of the pendulum” in the past eight hours, driven by conflicting news narratives related to the ongoing US-Iran war, which has lasted 25 days as of Tuesday, March 24, 2026. Tuesday’s session marked a mild reversal from Monday’s sudden burst of risk-on behaviour triggered by…