Asian stock markets are mostly higher on Wednesday, following the mixed cues from Wall Street overnight, amid optimism about a diplomatic resolution to the US-Iran conflict after US and Iranian officials held a three-hour meeting on the sidelines of the UN gathering. The continued fall in crude oil prices also eased global inflation concerns and the possibility of another interest rate hike this year. Asian markets closed mostly higher on Tuesday.
US President Donald Trump said US officials had a very good meeting with Iranian representatives and Tehran also reportedly signaled a willingness to reopen the Strait of Hormuz within seven days if the US takes steps to lift blockade and eases military pressure.
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Market Analysis
Asian Markets Trade Mostly Higher
2026-09-23 03:15:38
