Stocks Rebound as Iran Peace Talks in Focus; Warsh Hearing Looms
MSCI’s Asia-Pacific index outside Japan rose 0.9% as investors bet on lower Iran-related risk and watched Kevin Warsh’s Fed hearing.
- On Tuesday, April 21, 2026, stocks rebounded in early Asian trading as markets responded to reports that Iran is considering attending peace talks with the United States in Pakistan.
- The U.S.-Iran ceasefire frayed after the United States announced seizure of an Iranian cargo ship, drawing vows of retaliation from Tehran and keeping negotiations between Washington and Tehran fragile.
- President Donald Trump's nominee, Kevin Warsh, faces a Senate confirmation hearing today at 10 a.m. EDT, where his independence from the Trump White House is expected to be a key focus.
- Economists are closely watching Warsh's stance on the Fed's 'bloated' balance sheet, as he claims he is 'committed to ensuring that the conduct of monetary policy remains strictly independent.'
- Reflecting broader uncertainty, Brent crude slipped 0.4 per cent to $95.09 a barrel, while the Australian dollar eased 0.1 per cent to $0.7171 as geopolitical risks weigh on markets.
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The prospect of possible peace talks in the Iran war makes investors in Asia more optimistic. Above all, Japanese stocks from the chip sector are growing.
Global Market Today: Asian stocks gain, oil dips on hopes of Iran talks
Asian stocks rose cautiously as Iran's potential return to talks with the US offered optimism for Middle East stability ahead of a ceasefire deadline. Oil prices dropped, while the dollar and Treasuries remained steady. Markets are navigating a shifting narrative, balancing hope for eased tensions with lingering concerns.
US Dollar Index posts modest gains above 98.00, US-Iran talks and US Retail Sales in focus
The post US Dollar Index posts modest gains above 98.00, US-Iran talks and US Retail Sales in focus appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.10 during the Asian trading hours on Tuesday. The DXY trades with mild gains as traders await the developments surrounding the US-Iran talks. US President Donald T…
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