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Shane Solly: Harbour Asset Management expert on the market's response to the US-Iran peace deal

The US and Iran have agreed to a peace deal, and the news has brought some hope into the economy.

Oil prices have fallen about 4 percent since the countries announced an agreement to halt hostilities.

Brent crude is now trading at US$84 ($143) a barrel, off the back of a similar drop in prices on Friday.

Shane Solly from Harbour Asset Management unpacked the market reactions.

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