[MARKET UPDATE] Asia-Pac stocks begin higher following the positive lead from Wall St, where stocks rallied and oil dropped after US President Trump announced US-Iran conversations and a five-day halt of strikes against Iranian energy infrastructure
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Majority of US Senate approved the nomination of Markwayne Mullin to be the Secretary of Homeland Security
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Grab Holdings (GRAB) agreed to acquire Foodpanda Taiwan Co., Ltd. from Delivery Hero SE for USD 600mln
[MARKET UPDATE] Asia-Pac stocks begin higher following the positive lead from Wall St, where stocks rallied and oil dropped after US President Trump announced US-Iran conversations and a five-day halt of strikes against Iranian energy infrastructure
Australia sells AUD 1bln 3.75% April 2037 bonds, b/c 3.67, avg. yield 5.0650%
EU and Australia agreed to a free trade deal, according to a joint statement
On the Newsquawk feed at , 20 minutes before this page.
Context
The market optimism reflects a positive response to the announced US-Iran conversations and the temporary pause in strikes, which alleviates immediate geopolitical tensions. This de-escalation is likely to support risk-on sentiment in equities while impacting oil prices negatively, given potential supply stability. Traders should monitor further developments in these talks as they could influence both market trajectories and broader asset classes.
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