Bloomberg

John Stoltzfus, Oppenheimer Asset Management chief investment strategist, says what he see as a mild selloff during the Iran war will likely cap the extent of the US stock market relief rally on "Bloomberg Open Interest."

Amrita Sen, founder and director of market intelligence at Energy Aspects, discusses tanker flows in and out of the Strait of Hormuz as the US and Iran announce a two-week ceasefire and explains why the global oil market is in for further demand destruction.

Defense Secretary Pete Hegseth said, "Operation Epic Fury was a historic and overwhelming victory on the battlefield," as he declared victory in the US and Israeli war against Iran on Wednesday. The statement comes a day after Washington and Tehran agreed to a two-week ceasefire.

Julian Emanuel, chief equity and quantitative strategist at Evercore ISI, examines what the two-week ceasefire agreed to by the United States and Iran means for markets and says the bull market that started in October of 2022 still has further to go.

Lucy Baldwin, global head of research at Citi, sees the US-Iran ceasefire deal letting markets return to the themes that were in focus before the start of the war.

Myles Bradshaw, head of global aggregate strategies at JPMorgan Asset Management, discusses the outlook for inflation, central bank policy and bond markets after the US and Iran agreed a two-week ceasefire. "As you're seeing the energy shock diminish, the risk of second round effects comes down," Bradshaw tells Bloomberg Television.

Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Bloomberg's Benedikt Kammel discusses the impact of the two-week ceasefire between the US and Iran on airlines and the implications for jet fuel prices and air fares.

Henry Allen, Deutsche Bank macro strategist, discusses the implications of the two-week ceasefire between the US and Iran on markets and oil prices. "We're not seeing the data downgrades we saw back in 2022 when Russia invaded Ukraine and oil was up $120 a barrel," Allen tells Bloomberg Television.

The US and Iran have agreed to a two-week ceasefire, in a move that could pause the conflict after six weeks of fighting. But while the deal is expected to halt attacks for now, key issues remain unresolved -- from the opening up of the Strait of Hormuz to broader tensions over Iran's nuclear and missile programs. Mark MacCarley, Retired US Army Major General and Managing Attorney at MacCarley & Rosen spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the next steps for the two countries.