"Asian Stocks" Asia-Pacific stock markets rebound, South Korea's KOSPI index surges over 5%
The market anticipates that the Iran war may soon come to an end, leading to a rebound in the Asia-Pacific markets this morning (1st). The South Korean KOSPI index rose 5.48% to 5,329 points. The Nikkei average index increased by 3.62% to 52,913 points. The Australian S&P/ASX 200 index also rose 1.74% to 8,629 points.
U.S. President Trump will deliver a nationwide address at 9 PM Washington time on Wednesday (1st) to explain the latest developments in the Iran war. Trump previously stated that the U.S. expects to end the Iran war in the coming weeks, as it has essentially achieved its military objectives and will leave the task of reopening the Strait of Hormuz to other countries
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