Good morning — Friday, March 20, 2026 · IBEX €17,062 · Very unlikely: US x Iran ceasefire by April 15
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PolyNews
The truth verified by markets
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Good morning — Friday, March 20, 2026
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Lluvia Madrid 11° · Despejado Barcelona 16° · Nublado Valencia 15° · Nublado Sevilla 18° · Nublado Bilbao 20°
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US · crypto · oil
| S&P 500 |
$6,606 |
-0.3% |
| Nasdaq |
$22,091 |
-0.3% |
| Bitcoin |
$70,413 |
+0.7% |
| Brent |
$103.68 |
-0.1% |
IBEX 35 · Europe
€17,062
+0.9% today
EU heavyweights
| Santander |
€9.52 |
+1.8% |
| BBVA |
€18.29 |
+2.1% |
| Inditex |
€50.96 |
+0.3% |
| Telefónica |
€3.60 |
-0.8% |
| Iberdrola |
€19.66 |
+0.5% |
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❷ The markets say
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Very unlikely
US x Iran ceasefire by April 15
Market read: very unlikely. The probability of a US-Iran ceasefire remains low, with a 21% chance, as recent attacks on Gulf oil facilities have increased tensions. The market price reflects a low expectation of a near-term resolution.
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Very unlikely
China x India military clash by December 31, 2026
Market read: very unlikely. The probability of a military clash between China and India remains low, with a 21% chance, as there have been no recent significant escalations in tensions between the two nations. The market price reflects a stable geopolitical situation.
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Very unlikely
Pakistan x Afghanistan ceasefire by March 31
Market read: very unlikely. The probability of a Pakistan-Afghanistan ceasefire remains low, with a 14% chance, as the conflict in the region continues. The market price reflects a low expectation of a near-term resolution.
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Ruled out
Netanyahu arrested by March 31
Market read: ruled out. The probability of Netanyahu's arrest remains extremely low, with a 2% chance, as there have been no recent developments in the corruption cases against him. The market price reflects a low expectation of imminent action.
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Ruled out
J.B. Pritzker win the 2028 Democratic presidential nomination
Market read: ruled out. The probability of J.B. Pritzker winning the 2028 Democratic presidential nomination remains low, with a 3% chance, as the nomination process is uncertain and far in the future. The market price reflects a low expectation of his candidacy.
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Picked for you — Brent $104/bbl
Brent crude is above $104. Energy costs can ripple through portfolios — diversification matters.
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❸ Deep dive
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❹ World in 30 seconds
Tape is cautious. Geopolitics on watch. Equities digesting the last leg.
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❺ On the wire
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Al Jazeera
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NPR
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Al Jazeera
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Al Jazeera
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BBC News
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English-language wires (BBC, Guardian, NPR, Al Jazeera). Headlines may be trimmed.
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