ASX, Kospi, Nikkei, Sensex, Hang Seng, CSI, Iran
A man looks at an electronic quote board showing stock prices at the Tokyo Stock Exchange on August 2, 2022 in Tokyo.
Kazuhiro Nogi | AFP | Getty Images
Asia-Pacific markets opened lower on Thursday as investors continued to weigh mixed signals from ongoing Iran-US negotiations amid a fragile ceasefire.
Secretary of State Marco Rubio said some progress had been made in talks with Iran and “we will give it every chance to succeed,” adding that the United States preferred the “negotiated diplomatic route.” That’s what the President said Donald Trump He said that he would not allow Iran to control the Strait of Hormuz under the agreement.
While a Reuters report, citing Iranian state media, said Tehran had committed to restoring commercial traffic through Hormuz to pre-war levels within a month following the agreement with the United States, the White House said in a post on social media that the report on the memorandum of understanding was a “complete fabrication.”
Meanwhile, US forces have launched new attacks in Iran, according to MS Now. The official said in a statement that these actions were “measured, purely defensive and aimed at maintaining the ceasefire,” a US official told MS NOW.
West Texas Intermediate futures contracts for July are trading at $90.15 per barrel, up 1.66% as of 21:26 ET. Brent crude oil futures for July rose 2.03% to $96.20 per barrel.
South Korea’s kospi It fell 0.36%, while small-cap Kosdaq continued its early losses, falling 2.61%.
of japan Nikkei 225 The Topix fell marginally, falling 0.23%. of Australia S&P/ASX 200 It was 0.79% lower.
While CSI 300 in China lost value by 0.38%, Hong Kong’s index hang Seng It fell by 0.69%.
