Global Markets:
- Asian Stock Markets : Nikkei up 3.68%, Shanghai Composite up 0.00% Hang Seng up 0.03% ASX up 1.53%
- Commodities : Gold at $4,536.92 (-0.20%) Silver at $75.925 (-036%), Brent Oil at $105.85 (0.35%), WTI Oil at $99.16 (0.15%)
- Rates : US 10-year yield at 4.592, UK 10-year yield at 5.9920, Germany 10-year yield at 3.0945
News & Data:
- (GBP) CPI Y/Y 2.8% to 3.0% expected
Markets Update:
Asia-Pacific markets rose on Thursday, following strong gains on Wall Street as easing concerns over the Middle East conflict helped cool oil prices and improve investor sentiment.
U.S. President Donald Trump said Washington was in the “final stages” of negotiations with Iran, according to a pool report, raising hopes that tensions in the region could ease soon. Oil markets had been volatile after the Trump administration blockaded Iranian ports, while Tehran effectively shut the Strait of Hormuz, a key global energy route.
Japan’s Nikkei 225 jumped 3.52% after stronger-than-expected trade data. Exports climbed 14.8% in April, the fastest pace since January, driven by rising semiconductor shipments. Imports rose 9.7% year-on-year, while the trade deficit narrowed to 301.9 billion yen.
Shares of SoftBank Group surged nearly 20% after Nvidia’s strong earnings boosted optimism around artificial intelligence growth.
South Korea’s Kospi soared 7.68%, while the Kosdaq gained 5.02%. Samsung Electronics rose over 6% after avoiding a major worker strike through wage negotiations, while SK Hynix jumped 11%.
Australia’s S&P/ASX 200 gained 1.69%, China’s CSI 300 rose 0.56%, and India’s Nifty 50 advanced 0.42%. Meanwhile, Wall Street closed sharply higher overnight, led by technology stocks and easing oil prices.
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