Business & Finance
Japanese Stocks Set to Rise After US-Iran Peace Deal Reached
Key Points
Japanese Stocks Set to Rise After US-Iran Peace Deal Reached Japanese stocks are set to gain after President Donald Trump said the US and Iran have reached a peace deal, raising hopes the Middle East war is nearing an end and the Strait of Hormuz will reopen. Nikkei 225 Stock Average futures expiring in September on the Chicago Mercantile Exchange traded at 68,390 as of 7:58 a.m. in Tokyo. That compares with 66,120 for contracts traded in Osaka Friday.
Japanese Stocks Set to Rise After US-Iran Peace Deal Reached
Japanese stocks are set to gain after President Donald Trump said the US and Iran have reached a peace deal, raising hopes the Middle East war is nearing an end and the Strait of Hormuz will reopen.
Nikkei 225 Stock Average futures expiring in September on the Chicago Mercantile Exchange traded at 68,390 as of 7:58 a.m. in Tokyo. That compares with 66,120 for contracts traded in Osaka Friday. Oil sank, while the dollar weakened against the yen.
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