Hang Seng Index, Kospi, ASX 200
Nomura Securities Co. in Tokyo, Japan, on January 11, 2024. A screen showing the Nikkei 225 Stock Average figure on the trading floor at its headquarters.
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Asia-Pacific markets are set to open mixed on Monday as investors weigh President Donald Trump’s plan to “free” ships stuck in the Strait of Hormuz amid ongoing tensions between Iran and the United States.
Trump has said since the beginning of the Iran war that the United States will try to “free” ships affected by the closure of the Strait of Hormuz. Real Social post Sunday.
The effort, dubbed “Project Freedom,” will begin Monday Middle East time and focus primarily on removing civilian ships flying flags from countries unconnected to the conflict from the disputed waterway so they can “continue their work freely and competently.”
“US military support to Project Freedom will include guided missile destroyers, over 100 land and sea-based aircraft, multi-domain unmanned platforms and 15,000 troops,” US Central Command said in a statement shortly after Trump’s announcement. he said.
Oil prices fell after the “Project Freedom” announcement. West Texas Intermediate futures contracts for July delivery fell 0.59% to $101.34 per barrel as of 19:38 ET. Brent crude futures fell 0.27% to $107.88 per barrel.
of hong kong Hang Seng index Futures were at 25,992 compared to the index’s last close of 25,776.53.
While futures in Australia were last traded at 8.727, S&P/ASX 200It closed at 8,729.80.
Markets in Japan and China are closed for public holidays.
