[MARKET UPDATE] Asia-Pac stocks rally with global risk sentiment buoyed by hopes for an end to the Iran conflict following encouraging comments from the US and Iran, with Trump suggesting the war could end in 2 or 3 weeks

The rally in Asia-Pacific stocks reflects an uptick in global risk sentiment, largely driven by hopes for a resolution to the Iran conflict, especially following positive comments from U.S. and Iranian officials. Trump's suggestion that the war could conclude in the next few weeks is seen as a significant catalyst, potentially impacting various asset classes such as equities, commodities, and currencies linked to geopolitical stability.