Iran Conflict Concerns Ease, Japanese Index Poised for Gains

Deep News

07/27

Japan's stock market is likely to rise as fears of a deepening conflict with Iran temporarily subside.

The Nikkei index futures on the Singapore Exchange climbed 1.2% to 65,460 points. Following US President Donald Trump's decision to halt a major escalation of military action against Iran, investors are now closely monitoring developments in the Middle East and crude oil prices.

The Nikkei index fell 2.7% on Friday to close at 64,611.15 points.

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