Asian stocks jump as Nikkei 225 and Kospi cheer potential US-Iran deal
Invezz·- On Monday morning, Asian stock indices surged as market participants anticipated a 60-day ceasefire between the U.S. and Iran. - Japan’s Nikkei 225 index rose by 2.85%, reaching a historic high, while the South Korean Composite Index increased significantly, reflecting optimism from the potential agreement. - The anticipated deal could lower oil prices and global bond yields, but risks remain as no formal announcement has been made, with Trump's previous threats adding uncertainty.