Nikkei Stock Index Tops 65,000 for 1st Time on Middle East Hopes
The rally came as Brent crude fell more than 5% and investors bet a U.S.-Iran agreement could reopen the Strait of Hormuz, easing supply fears.
- On Monday, Japan's Nikkei 225 jumped roughly 3% to breach 65,000 for the first time, closing at a record high after reports that the Strait of Hormuz may reopen drove oil prices down more than 5%.
- The nearly three-month Middle East conflict has driven energy prices sharply higher and reshaped the global rates outlook, with markets now fully pricing in a 25-basis-point Federal Reserve hike by January 2027 versus earlier expectations for two rate cuts this year.
- Brent crude futures fell about 6% to $97.75 a barrel and U.S. West Texas Intermediate dropped nearly 6% to $90.87, while the euro rose 0.4% to $1.1647 and the Japanese yen firmed to 158.91 per U.S. dollar as global stocks focused on artificial intelligence and strong earnings.
- Stocks in Europe are tracking their Asian counterparts higher, with the Dax on track to rise 1.1% and the Cac 40 adding 0.9%, as European futures set up for their fifth consecutive day of gains.
- Trump said Washington and Iran had 'largely negotiated' a deal a day earlier but on Sunday cautioned against rushing, leaving timing uncertain; Chris Weston, head of research at Pepperstone, noted markets are watching headline tone rather than resolution timing, though analysts expect oil to remain elevated near $100 as supply chain disruptions persist.
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27 Articles
The main index of the Tokyo Stock Exchange totaled 1,819.12 points, reaching 65,158.19 for the first time, driven by the semiconductor sector and the possible end of the war in Iran.
Tokyo Stocks Hit Record High as Middle East Peace Hopes Push Oil and Dollar Lower
Global financial markets rallied strongly on Monday as investors grew increasingly optimistic about a possible diplomatic breakthrough between the United States and Iran. Hopes that the prolonged Middle East conflict could move toward resolution boosted investor confidence, driving stock markets higher while oil prices and the U.S. dollar weakened sharply. The strongest gains were seen […] The post Tokyo Stocks Hit Record High as Middle East Pea…
The AEX opened at a record high. Investors are reacting with relief to signs of progress in the talks between the United States and Iran. Stock markets in Asia are shooting up. The Japanese Nikkei even breaks through 65,000 points for the first time ever. At the same time, oil prices are plunging sharply due to growing hopes that the Strait of Hormuz will reopen.
Taiwan's Taiex index also hit historic highs - Gains in Australia, mainland China and India - Markets closed in Hong Kong and South Korea, holiday today on Wall Street too
LatAm Pre-Open — Asia Doubles Down Risk-On, U.S and London Closed, LatAm Trades Alone
Nikkei +3.10% Monday extends Friday's +2.68%, but US, UK and Hong Kong are all closed — LatAm trades alone with no Wall Street handoff. Mexico leads Brazil. The post LatAm Pre-Open — Asia Doubles Down Risk-On, U.S and London Closed, LatAm Trades Alone appeared first on The Rio Times.
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