Trump's Iran Statement: Ceasefire Over, Markets Feel the Shockwave

U.S. President Donald Trump, via Truth Social, declared that the ceasefire with Iran has ended, reigniting concerns over Middle East tensions and their potential impact on global markets.

Pakistan-mediated Agreement Undermined by Trump's Firm Tone

■On June 14, Iran and the U.S., under Pakistan's mediation, signed a 14‑point pact aimed at halting hostilities and resolving disputes through negotiation.

■The agreement outlined a roadmap for de‑escalation and diplomatic dialogue.

■Trump's declaration that the "Ceasefire IS OVER" directly challenges the implementation of that accord.

Iranian Security Chief's Warning and Israel as a Target

■Iran's National Security Council Secretary General Muhammed Bakır Zülkadir warned that any new U.S. attack on Iranian infrastructure would be met with "missile" retaliation and that Israel would not be spared.

■Zülkadir labeled Trump "the world's most hated figure" and praised the historic resolve shown by Iranian and Iraqi mourners at the funeral of slain leader Ali Khamenei.

■He reiterated that infrastructure attacks will be met with missile responses and that the "zionist regime" will not be immune from consequences.

Market Reactions and Financial Indicators

■Brent crude jumped 2.3% after the statement, trading at $85 per barrel.

■USD/TRY rose 0.45 TL to 34.20, reflecting heightened risk aversion.

■Major equity indices (S&P 500, Dow Jones) slipped approximately 0.6% in early trading.

■The yield on the 10‑year U.S. Treasury climbed to 4.2%, as investors sought safety.

Zeynep Kaya: Trump's hard‑line rhetoric spikes short‑term risk premia, while the sudden oil price lift could bolster earnings for energy firms. Yet prolonged Middle East uncertainty may sustain volatility in developed markets and push savings toward lower‑yield, safe‑haven assets. From a wealth‑management standpoint, such geopolitical shocks reinforce the need for portfolio diversification and a strategic allocation to havens like gold.