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Updated 4h ago
· 10 sources tracked
Asia Stocks Set to Rise as US-Iran Deal Lifts Mood: Markets Wrap
Asian stocks showed mixed movement following a US-Iran agreement to end the war. Some reports indicate markets rose or set records, while others note retreats as investors weigh the deal's durability. Oil prices are wavering amid hopes for the reopening of the Strait of Hormuz.
What changed
Market reactions shifted from initial optimism over the US-Iran deal to a period of assessment and volatility.
Live updates
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Asian Markets React to US-Iran Peace Deal
confidence 70%Asian stocks showed mixed movement following a US-Iran agreement to end the war. Some reports indicate markets rose or set records, while others note retreats as investors weigh the deal's durability. Oil prices are wavering amid hopes for the reopening of the Strait of Hormuz.
What's confirmed:
- The US and Iran signed a deal to end the war.
- Stocks in Japan and South Korea set records.
Still unconfirmed:
- Oil prices are wavering because traders hope the Strait of Hormuz will reopen.