Asian shares mixed, bonds recover after oil eases on Trump's Iran comments

Business Standard
2026.05.18 18:00
portai
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Asian shares showed mixed results as bonds stabilized after a selloff, following President Trump's pause on a planned attack against Iran, which lowered oil prices. While the MSCI Asia-Pacific index fell 0.22%, Japan's Nikkei rose 1%. Oil prices dropped over 2%, impacting global bond yields. Investors remain cautious amid geopolitical tensions, with expectations for Nvidia's earnings influencing the AI-driven market. The dollar gained from safe-haven demand, while gold prices eased due to rising bond yields.