Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious while being optimistic about peace talks to end the conflict in the Middle East after President Donald Trump canceled a planned attack on Iran in favor of the talks. However, Tehran’s staunch denial of negotiating with the U.S. kept up the tensions. Asian markets closed mixed on Monday.
Trump affirmed that the points of agreement included the immediate reopening of the Strait of Hormuz. Cautioning Iran indirectly, Trump urged Iran to rapidly make a deal with the U.S. as he may resort to attacks if it fails to do so.
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Asian Markets Trade Mixed
2026-08-04 03:14:32
