Asian stocks close sharply higher after Trump signals end to war

As asian bags closed at a significant high this Wednesday (1), amid growing hopes that the war in the Middle East is approaching its end.

The president Donald Trump said yesterday that the US could leave Iran in “two weeks, maybe a few more days”. The comment helped bring down oil prices in the early morning, with the Brent briefly operating below US$100 per barrel.

Leading the rally in Asia, the South Korean index Kospi soared 8.44% in Seoul, to 5,478.70 points, while the Japanese Nikkei jumped 5.24% in Tokyo, to 53,739.68 points, the Taix advanced 4.58% in Taiwan, to 33,174.82 points, and the Hang Seng rose 2.04% in Hong Kong, to 25,294.03 points.

Na China continental, o Shanghai Compound rose 1.46%, to 3,948.55 points, and the least comprehensive Shenzhen Compoundfrom 1.65%, to 2,577.23 points.

Independent research has shown that . A day earlier, the official survey had shown an increase in the same indicator, to 50.4. The studies, however, use different samples.

The good mood in the Asian region also came after the stock markets Nova York we will jump between 2,5% e 3,8% yesterday, in the face of reports that Trump was already preparing the ground to end hostilities with Iran.

In Oceania, the Australian stock market also showed a strong performance today: the S&P/ASX 200 advanced 2.24% in Sydney, to 8,671.80 points.

source