
Asia-Pacific markets traded mixed on Tuesday, with South Korea’s Kospi hitting a record high at 6,387, supported by strong gains in technology stocks. Investor sentiment was helped by continued hopes for a diplomatic solution to the Middle East conflict, even as tensions between the U.S. and Iran remained elevated. Iran rejected negotiations under threats, while President Donald Trump warned of major military action if no agreement is reached before the current ceasefire expires. Despite the geopolitical uncertainty, broader equity sentiment remained constructive.
Major US indices closed lower on Monday as renewed tensions between the U.S. and Iran weighed on sentiment. The decline followed the U.S. seizure of an Iranian cargo ship and Iran’s refusal to join a new round of peace talks, while the current ceasefire is set to expire this week.
Earlier today, U.S. stock futures edged higher. Futures for the S&P 500, Nasdaq, and Dow all posted modest gains as investors looked to stabilize after recent volatility.
Markets are now turning attention to several key catalysts, including corporate earnings, the release of March retail sales data, and the Senate confirmation hearing for Fed chair nominee Kevin Warsh, who emphasized the importance of central bank independence.
Oil prices fell during Tuesday’s Asia session after Monday’s sharp rally, as markets reassessed the uncertain outlook for a second round of U.S.–Iran peace talks. Both WTI and Brent crude declined modestly, reflecting profit-taking and uncertainty after strong gains the previous day.
Gold fell back below $4,800 on Tuesday, giving back much of its previous rebound as renewed tensions in the U.S.–Iran conflict boosted oil prices and supported the U.S. Dollar. However, downside may remain limited because markets still expect the Federal Reserve could cut rates later this year, which caps broader dollar strength and supports gold over the medium term.
Investors are now focused on whether new peace talks in Pakistan will take place, as conflicting signals from both the US and Iran continue to drive market volatility.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.