Asian markets edged higher after U.S. President Donald Trump indicated he would delay a decision on potential military strikes against Iran, easing geopolitical concerns that had weighed on investor sentiment. Meanwhile, Japan’s Tokyo CPI for May came in hotter-than-expected, increasing pressure on the Bank of Japan’s policy direction
Major indices showed mixed but generally positive movement: Hong Kong’s Hang Seng rallied, and South Korea’s Kospi gained following a government stimulus plan; Japan’s Nikkei held firm despite inflation worries .
Brent crude oil prices eased around 2.1% to $77.23/barrel as immediate military action appeared less likely, which boosted European equity futures. The U.S. dollar softened, giving modest support to regional currencies and equities, while markets braced for upcoming central bank decisions — particularly from the Bank of Japan .
