This content was published on <\/p>\n
April 10, 2026 – 06:00\n<\/p>\n
(Bloomberg) \u2014 Asian stocks rose, extending their first weekly gain since the Middle East war began, with investors cautiously hopeful ahead of US-Iran talks this weekend. Oil was set for its biggest weekly loss in nine months.<\/p>\n
The MSCI Asia Pacific Index climbed 0.7% as President Donald Trump said he was \u201coptimistic\u201d about a deal with Iran, even as he threatened Tehran over charging fees in the Strait of Hormuz. Technology shares \u2014 seen as less exposed to the Iran war \u2014 outperformed with South Korea \u2014 a bellwether for artificial intelligence investment \u2014 jumping 1.6%.<\/p>\n
US equity-index futures erased earlier losses, while similar contracts pointed to gains for European shares. Helping sentiment, Brent pared earlier gains of as much as 1.2% to trade up 0.3% at $96.24 a barrel. The dollar, which emerged as a haven of choice during the six-week war, was set for its biggest weekly loss since January.<\/p>\n
Traders are watching the shaky ceasefire and planned US-Iran talks in Islamabad starting Saturday for clues on the market\u2019s next move. While Israel\u2019s agreement to hold talks with Lebanon lifted sentiment, the continued closure of the Strait of Hormuz \u2014 a crucial artery for crude oil flows \u2014 is keeping investors wary, with recent weeks marked by outsized moves at the start of Monday trading.<\/p>\n
\u201cThe market is starting to price in some sort of agreement can be reached over the weekend,\u201d said Hao Hong, chief investment officer at hedge fund Lotus Asset Management. \u201cMy quant model shows that the technical rebound should continue for a few more days at least. The market is starting to look beyond the war.\u201d<\/p>\n
Israel\u2019s Prime Minister Benjamin Netanyahu agreed to hold talks with Lebanon as Trump said the Israeli leader is \u201cgoing to low-key it\u201d with strikes on the war-weary country, signaling some hope for de-escalation.<\/p>\n
Trump has asked him to scale back strikes to ensure the success of negotiations with Iran, NBC News reported.<\/p>\n
The US and Iran appeared to pause most strikes after fighting continued in the region on Wednesday after the ceasefire was announced on Tuesday evening. But on Thursday evening, the Kuwaiti Foreign Ministry said fresh drone attacks were carried out by Iran and its proxies, which targeted a number of vital facilities in the country.<\/p>\n
\u201cThe decline in market volatility, equities, bonds and currencies, is positive for Asian stocks, tech given their underperformance since the war began,\u201d said Rajeev De Mello, global macro portfolio manager at Gama Asset Management SA. \u201cI\u2019m not trimming into the weekend, as the direction of travel seems to be to talk rather than to fight.\u201d<\/p>\n
Read Bloomberg Economics\u2019 analysis on the impact of Iran war: Trillion Dollar War \u2013 Global Economic Outlook<\/p>\n
Other investors remained unconvinced.<\/p>\n
\u201cActually I m not very optimistic at all,\u201d said Nick Ferres, chief investment officer of Vantage Point Asset Management in Singapore. \u201cEven if it gets agreed on the weekend, odds are that oil remains supply constrained. That\u2019s no longer reflected in equity risk premium.\u201d<\/p>\n
Elsewhere, gold edged lower to trade around $4,760 an ounce. Treasuries snapped a four-day gain as investors awaited US inflation data due Friday to see the impact of higher oil prices from the Iran war.<\/p>\n
Economists project a 0.9% increase in the consumer price index, the sharpest one-month advance since 2022, according to a Bloomberg survey<\/p>\n
\u201cHeadline risk pertaining to the war remains far and away the biggest driver of volatility,\u201d Kyle Rodda, a senior financial market analyst at Capital.com, wrote in a note. \u201cHowever, inflation data also presents meaningful event risk.\u201d<\/p>\n
Corporate Highlights:<\/p>\n
A $7 billion private credit fund managed by Carlyle Group Inc. capped redemptions after investors asked to pull 15.7% of the shares in the first quarter. Intel Corp. said Alphabet Inc.\u2019s Google has committed to using future generations of its Xeon processors and other chips. Pacific Investment Management Co. is looking to sell a portion of the $14 billion of debt financing it\u2019s providing for a massive Oracle Corp. data center in Michigan, according to people with knowledge of the matter. Chevron Corp. said its production fell as much as 6% in the first quarter due in part to the Iran war, echoing a similar disclosure from Exxon Mobil Corp. earlier this week. Tata Consultancy Services Ltd.\u2019s quarterly earnings topped analysts\u2019 estimates after the information technology provider curbed costs to cope with slowing demand in an era of geopolitical tensions. Some of the main moves in markets:<\/p>\n
Stocks<\/p>\n
S&P 500 futures were little changed as of 12:51 p.m. Tokyo time Japan\u2019s Topix fell 0.1% Australia\u2019s S&P\/ASX 200 fell 0.4% Hong Kong\u2019s Hang Seng rose 0.6% The Shanghai Composite rose 0.6% Euro Stoxx 50 futures rose 0.6% Currencies<\/p>\n
The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1695 The Japanese yen fell 0.1% to 159.15 per dollar The offshore yuan was little changed at 6.8310 per dollar Cryptocurrencies<\/p>\n
Bitcoin fell 0.8% to $71,846.29 Ether fell 1.3% to $2,185.34 Bonds<\/p>\n
The yield on 10-year Treasuries advanced two basis points to 4.29% Japan\u2019s 10-year yield advanced 3.5 basis points to 2.425% Australia\u2019s 10-year yield advanced four basis points to 4.95% Commodities<\/p>\n
West Texas Intermediate crude was little changed Spot gold was little changed This story was produced with the assistance of Bloomberg Automation.<\/p>\n
\u2013With assistance from Winnie Hsu and Abhishek Vishnoi.<\/p>\n
\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on April 10, 2026 – 06:00 (Bloomberg) \u2014 Asian stocks rose, extending their first…\n","protected":false},"author":2,"featured_media":331705,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,6144,85,46,6145],"class_list":{"0":"post-384463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-business-general","10":"tag-il","11":"tag-israel","12":"tag-ticker"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/384463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=384463"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/384463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/331705"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=384463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=384463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=384463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}