{"id":392624,"date":"2026-04-15T02:28:09","date_gmt":"2026-04-15T02:28:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/392624\/"},"modified":"2026-04-15T02:28:09","modified_gmt":"2026-04-15T02:28:09","slug":"asian-stocks-rise-oil-drops-on-us-iran-peace-push-markets-wrap-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/392624\/","title":{"rendered":"Asian Stocks Rise, Oil Drops on US-Iran Peace Push: Markets Wrap"},"content":{"rendered":"<p>        This content was published on    <\/p>\n<p>        April 15, 2026 &#8211; 02:51\n<\/p>\n<p>(Bloomberg) \u2014 Asian stocks tracked Wall Street higher and oil declined as optimism over renewed US-Iran talks buoyed sentiment.<\/p>\n<p>The MSCI Asia Pacific Index rose 0.8%, with roughly three stocks advancing for every decliner. South Korea led gains, with its benchmark \u2014 the world\u2019s second-best performer \u2014 jumping 3.4%. The advance followed a rebound in the S&amp;P 500 Index that has brought it close to its late-January peak. The tech-heavy Nasdaq 100 extended its winning streak to a 10th day, the longest since 2021.<\/p>\n<p>Brent crude fell for a second consecutive day to $94.40 a barrel on Wednesday as President Donald Trump told Fox News that he views the war as very close to being over. Treasuries rose as lower oil prices ease inflationary pressures, while the Bloomberg gauge of the dollar was little changed after seven days of losses.<\/p>\n<p>Market sentiment has improved on expectations that an easing in Middle East tensions after more than a month of hostilities will help moderate oil prices and inflation, while supporting a recovery in economic growth. The US and Iran are seeking a second round of talks in the coming days, as tensions in the Strait of Hormuz deepen the global energy crisis ahead of next week\u2019s expiry of a ceasefire.<\/p>\n<p>\u201cIt\u2019s not about whether there is progress in the peace talks, it\u2019s about whether we can reasonably hope that there might be progress in the peace talks,\u201d said Steve Sosnick, chief strategist at Interactive Brokers LLC. \u201cVibes are more powerful than reality.\u201d<\/p>\n<p>Trump said talks could resume \u201cover the next two days\u201d in Pakistan, the New York Post reported. That would build on a marathon yet inconclusive session in Islamabad on Saturday night. Even so, the US pressed ahead with a naval blockade of the Strait of Hormuz to curb the Islamic Republic\u2019s oil exports, as the battle for control of the strategic waterway intensifies.<\/p>\n<p>Asian markets, among the hardest hit by the Iran war, are also starting to recoup war-related losses, signaling investors are growing more confident that tensions in the Middle East will ease. Taiwan and Singapore equities have erased their declines while other markets are closing in on their pre-war levels. The yuan has also gained for eight straight days ending Tuesday.<\/p>\n<p>What Bloomberg\u2019s Strategists Say:<\/p>\n<p>\u201cThe S&amp;P 500 is rising because markets are leaning into the belief the Iran War stops short of a full economic hit. The ceasefire appears to be holding, Saudi east-west pipeline capacity has been restored, and Iran is considering a pause in its own shipments through the Strait of Hormuz to facilitate further talks. Each headline on renewed negotiations keeps diplomacy alive, allowing traders see a smaller tail risk.\u201c<\/p>\n<p>\u2014 Michael Ball, Macro Strategist, Markets Live. For the full analysis, click here.<\/p>\n<p>Elsewhere, gold fell 0.2% to about $4,830 an ounce. Treasuries strengthened with the yield on the benchmark 10-year dropping one basis point to 4.24%. Crude oil dropped as the International Energy Agency estimated that the war will wipe out global oil demand growth for the first time since the 2020 pandemic.<\/p>\n<p>The International Monetary Fund also downgraded its global growth projection for the year because of the war in the Middle East and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged.<\/p>\n<p>Traders are also focused on first-quarter earnings at a time when the war in the Middle East is weighing on the outlook for the economy. JPMorgan Chase &amp; Co. shares slipped despite a record quarterly trading revenue haul. Citigroup Inc. rose after reporting its highest quarterly return in five years on tangible common equity.<\/p>\n<p>BlackRock Inc. took in a net $130 billion of client cash in the first quarter, with investor money continuing to pour in despite volatility in the public and private markets and protracted uncertainty over the war in Iran. Shares rose 3%.<\/p>\n<p>\u201cProfits drive the cycle and the global profit expectations have not been dented,\u201d said Tom Fahey, co-director of macro strategies at Loomis Sayles, during a panel on Tuesday.<\/p>\n<p>Meanwhile, US wholesale prices rose by less than expected in March, despite a surge in energy costs tied to the Iran war, data from the Bureau of Labor Statistics showed. The data follow figures last week that showed US consumer prices surged in March because of skyrocketing gasoline prices, even as underlying inflation came in below estimates.<\/p>\n<p>\u201cCompanies continue to show remarkable resilience in the face of supply chain, tariff, and now energy challenges,\u201d said Scott Helfstein, head of investment strategy at Global X ETFs. \u201cThis should be reassuring for investors.\u201d<\/p>\n<p>Stocks<\/p>\n<p>S&amp;P 500 futures were little changed as of 9:49 a.m. Tokyo time Hang Seng futures rose 0.9% Japan\u2019s Topix rose 0.9% Australia\u2019s S&amp;P\/ASX 200 rose 0.2% Euro Stoxx 50 futures were little changed Currencies<\/p>\n<p>The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1790 The Japanese yen was little changed at 158.86 per dollar The offshore yuan was little changed at 6.8104 per dollar The Australian dollar was little changed at $0.7123 Cryptocurrencies<\/p>\n<p>Bitcoin rose 0.5% to $74,476.93 Ether rose 0.6% to $2,330.55 Bonds<\/p>\n<p>The yield on 10-year Treasuries was little changed at 4.24% Japan\u2019s 10-year yield was little changed at 2.420% Australia\u2019s 10-year yield declined four basis points to 4.91% Commodities<\/p>\n<p>West Texas Intermediate crude fell 1% to $90.36 a barrel Spot gold fell 0.3% to $4,829.62 an ounce This story was produced with the assistance of Bloomberg Automation.<\/p>\n<p>\u2013With assistance from Rob Verdonck and Abhishek Vishnoi.<\/p>\n<p>\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on April 15, 2026 &#8211; 02:51 (Bloomberg) \u2014 Asian stocks tracked Wall Street higher&hellip;\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-392624","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\/392624","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=392624"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/392624\/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=392624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=392624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=392624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}