Due to the military conflict between Iran and the United States in the last few days, prices soared high on the Asian stock market after plunging low. On Wednesday, Asian stocks went up. It was after the United States President Donald Trump assessed the situation in his speech, and tensions eased marginally. The Asian markets followed, additionally.
South Korean equities and Japan’s shares grew significantly. The same happened to Hong Kong’s shares. Even though the events after the rocket attack in Baghdad took the edge off the positive Wall Street session on Wednesday night, traders were worried about what was to come.
Moreover, Iran and the United States agreed to stop more profound aggression. The investors are very hopeful that military conflict could be averted. Thanks to the non0farm jobs report, we can further assess the United States economy later today. In December, China’s consumer inflation already steadied according to the data.
It should be noted that there are some exciting events this week, for example, the United States monthly non-farm employment report, which is due today.
Meanwhile, look over the updates in major markets:
Bonds
Commodities
Currencies
Stocks
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