US EditionOil Falls and World Shares Jump on Renewed Hopes of Iran War Ending
The MSCI Asia Pacific Index rose 4% as traders bet the conflict could end within weeks, lifting stocks, bonds and currencies.
- Asian markets rallied Wednesday after President Donald Trump suggested the United States could end the Iran war within two to three weeks, signaling a potential near-term resolution to the five-week conflict.
- Trump stated the United States would finish attacking Iran in two to three weeks and withdraw from Strait of Hormuz issues, prompting Brent crude to fall below $100 per barrel as market uncertainty eased.
- Japan's Nikkei 225 rose 4% and South Korea's Kospi surged 8.4%, reflecting broad relief across Asia as investors reacted to conflict resolution prospects outlined by Trump's remarks.
- Trump will provide an "important update" on Iran in a national address Wednesday at 9 p.m. Eastern Time, with markets widely anticipating a constructive announcement regarding the conflict.
- Capital Economics' Thomas Mathews warned that war effects may persist despite de-escalation hopes, cautioning investors should expect news-driven volatility in the days ahead.
21 Articles
21 Articles
Rutland Herald
Oil falls below $100 a barrel and Asian stocks jump on renewed hopes of Iran war ending
Oil has fallen below $100 per barrel and Asian shares are sharply higher, after U.S. stocks soared to their best day in almost a year over renewed hopes that the Iran war could soon end. A barrel of Brent crude…
Asia stocks jump on hopes of near-term end to Middle East conflict
Asian equity markets traded higher on Wednesday due to improved global sentiment after a strong rally on Wall Street. President Trump's comments about a potential US troop withdrawal from Iran within two to three weeks raised hopes for de-escalation in
Asian Stocks Jump on Iran War Offramp, Oil Gains: Markets Wrap
(Bloomberg) -- Asian stocks bounced back from their worst month in more than 17 years on optimism the Middle East conflict that jolted global markets and disrupted energy supplies may be nearing a conclusion.
Oil falls and world shares jump on renewed hopes of Iran war ending
HONG KONG (AP) — World shares were higher and oil fell briefly below $100 per barrel on Wednesday after U.S. stocks soared to their best day in almost a year on renewed hopes that the Iran war could soon end.The renewed optimism over a possible de-escalation of the Iran war, which is in its fifth week, came after U.S. President Donald Trump said on Tuesday the United States will be done attacking Iran probably in two to three weeks, and that the…
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