Gloabl Markets: Asian stocks dip as traders await ceasefire news

April 17, 2026

Asian stocks declined as investors reduced holdings ahead of the weekend, awaiting progress on extending the US-Iran ceasefire. This follows a global equity rally driven by expectations of prolonged peace, which pushed markets to record highs. Crude oil prices slipped as President Trump expressed optimism about a permanent truce, while gold edged higher.

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