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Asian and Pacific markets are poised for gains today as investors await a speech from U.S. President <strong>Donald Trump</strong> regarding the potential end of the conflict with Iran. This follows Trump's claims that Tehran requested a ceasefire, which Iran has denied.
Asian and Pacific markets experienced a notable rebound, with South Korea's KOSPI index jumping by <strong>5%</strong> after U.S. President <strong>Donald Trump</strong> suggested the possibility of ending the war in Iran within <strong>weeks</strong>. This statement has raised investor hopes for stability in the region.
Asian and Pacific markets are trending downward as Iran confirms its refusal to engage in direct negotiations with the United States, despite reviewing a US proposal aimed at ending the ongoing dispute. Iranian Foreign Minister Abbas Araghchi clarified that message exchanges through intermediaries do not equate to negotiations.
Asian markets faced a significant decline on Monday as the United States and Iran exchanged threats regarding the targeting of critical infrastructure amidst the military conflict entering its fourth week.