--- title: "The expectation of the end of the Iran conflict boosts the Asia-Pacific market, with South Korean stocks soaring 6%, Japanese stocks rebounding 3%, and oil prices significantly retreating" type: "News" locale: "en" url: "https://longbridge.com/en/news/278474242.md" description: "Trump hinted that the war in Iraq would \"soon\" come to an end, leading to a sudden reversal in sentiment in the Asia-Pacific markets—South Korean stocks surged by 6%, Japanese stocks rebounded by 3%, and oil prices plummeted by over 10%. However, institutions warn that the risk of a blockade in the Strait of Hormuz remains unresolved, and the market's optimism may just be a brief respite after extreme panic" datetime: "2026-03-10T06:54:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278474242.md) - [en](https://longbridge.com/en/news/278474242.md) - [zh-HK](https://longbridge.com/zh-HK/news/278474242.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278474242.md) | [繁體中文](https://longbridge.com/zh-HK/news/278474242.md) # The expectation of the end of the Iran conflict boosts the Asia-Pacific market, with South Korean stocks soaring 6%, Japanese stocks rebounding 3%, and oil prices significantly retreating On Tuesday, comments made by Trump suggesting that the war with Iran may soon come to an end boosted market risk sentiment, leading to a broad rebound in the Asia-Pacific stock markets, with Japanese stocks soaring 3%, South Korean stocks rebounding strongly by 6%, while oil prices fell sharply. According to Xinhua News Agency, on the 9th local time, U.S. President Trump stated at a press conference in Miami, Florida, that the conflict with Iran would "soon" end, but "will not" conclude this week. The South Korean Kospi index led the Asia-Pacific region, rising over 6% at one point during the session, with Samsung Electronics up nearly 10% and SK Hynix rising 12%. The Japanese Nikkei 225 index rose over 3%, recovering from its largest single-day drop since April of last year in the previous trading session. The Nikkei TSE index's gains expanded to 3% during the day. The yield on Japan's 20-year government bonds fell by 4 basis points to 3.015%. The Australian S&P/ASX 200 index rose about 1.5%, and the MSCI Asia-Pacific index overall increased by 2.2%, reversing a 3.7% decline on Monday. The significant drop in oil prices was a key factor driving the improvement in market sentiment. Brent crude fell nearly 10% to $89.39 per barrel, while WTI crude dropped over 9% to about $86, both significantly retreating from the nearly $120 highs reached on Monday. It is worth mentioning that the market's interpretation of these signals is not uniform. Eric Van Nostrand, Chief Investment Officer at Lazard Asset Management, stated in an interview with Bloomberg Television that Trump's remarks at the press conference "are not the most reliable signals," and investors have reason to remain cautious. "There is currently a lot of incorrectly priced optimism in the market, believing that the situation will ease quickly like previous Middle Eastern tensions," he said, "but given that the Strait of Hormuz may be closed for a long time, this situation is vastly different and will have profound and substantial impacts on the global economy." Dilin Wu, a research strategist at Pepperstone Group, reminded that what we are currently seeing is more of a brief respite after extreme risk aversion, rather than a true turning point back to a comprehensive risk appetite. Continuously updating ### Related Stocks - [Asset Management One Co., Ltd. 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