Asia-Pacific Markets Rise Amid U.S.-Iran Diplomatic Assessment
نظرة سريعة
- Asia-Pacific markets traded higher Friday, with Japan's Nikkei up 1.36%, as investors assessed U.S.-Iran diplomatic efforts.
- Core inflation in Japan eased to 1.4% in April, below expectations.
ملخص مُنشأ بالذكاء الاصطناعي
Asia-Pacific markets traded higher Friday as investors assess U.S.-Iran diplomatic efforts at reaching a peace deal in the Middle East.
Tehran intending to keep its enriched uranium stockpile within the country, according to a Reuters report, could complicate negotiations with Washington, as President Donald Trump has made dismantling Iran's nuclear program a central objective of his military action against Tehran.
Japan's Nikkei 225 rose 1.36%, while the Topix added 0.55%. Japan's core inflation eased more than expected in April to its lowest level since March 2022, weakening the case for an early rate hike by the Bank of Japan.
Core inflation — which strips out prices of fresh food — came in at 1.4%, lower than the 1.7% expected by economists polled by Reuters and below the 1.8% reading in March.
South Korea's Kospi was up 0.52%, while the Kosdaq Index jumped over 3%. Australia's S&P/ASX 200 was up 0.5%.
Hong Kong's Hang Seng index rose 0.66%, while mainland China's CSI 300 added 0.78%.
