Asian markets opened higher, mirroring Wall Street’s positive trend. Hopes for further United States-Iran talks have boosted investor confidence. This optimism is also contributing to a decrease in oil prices. The broader MSCI Asia Pacific Index saw a significant increase. This development suggests a potential easing of global economic pressures.
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Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped