Trump's one statement stirs market turbulence: Asia-Pacific stock markets open higher across the board, and international oil prices plummet significantly.

Ask AI · Why Trump’s peace hints can quickly lift market sentiment?

China International Finance and Economic News (CFN), March 25 (edited by Liu Rui) On Wednesday this week, as U.S. President Trump’s remarks hinted that the United States might hold talks with Iran, market sentiment was clearly boosted. Asian-Pacific stock markets generally opened higher, and international oil prices fell sharply.

According to a report from CCTV News, local time Tuesday (the 24th), U.S. President Donald Trump said the United States and Iran “are currently in negotiations,” and hinted that Tehran is eager to reach a peace agreement. The U.S. government also put forward to Iran, via Pakistan, a conflict-ending proposal containing 15 conditions, covering the nuclear program, missile capabilities, and regional issues.

That said, as of now, Iran has still offered no clear response. It is understood that the United States is discussing with multiple intermediaries the fastest possible high-level peace talks with Iran that could be held as early as this week, but it is still waiting for Tehran’s response. Another report from Israel on the 24th said the United States intends to propose a one-month ceasefire plan in order to discuss the above-mentioned 15-point, war-ending agreement with Iran.

Affected by Trump’s remarks, Asian stock markets opened broadly higher on Wednesday.

As of the time of publication, the Australia S&P/ASX 200 index was up more than 2% in early trading.

The Nikkei 225 index rose 3.15%, while the Topix index rose 2.4%. South Korea’s KOSPI composite stock price index rose 3.1%.

Meanwhile, U.S. stock index futures also climbed. As of the time of publication, S&P 500 index futures and Nasdaq 100 index futures were up 0.9% and 1.04%, respectively, while Dow Jones Industrial Average index futures rose 0.94%.

While Trump’s remarks pushed major market stock prices significantly higher, oil prices fell in tandem. As of the time of publication, Brent crude oil futures were down more than 6% intraday to $97.80 per barrel; WTI crude oil futures fell below $87 per barrel, down 5.79% intraday.

“Right now, the market is trading based on the impact of news headlines,” said Kerry Craig, Global Markets Strategist at JPMorgan Asset Management. “So the current tone is positive. But the question now is… what happens next in terms of developments, and whether any substantive progress can be made on a ceasefire—those are still unknowns.”

“From what it looks like at present, the market is reacting more passively rather than proactively forecasting. Until both sides reach a clearer consensus, I expect price action to remain fragile,” said Marc Velan, Investment Director at Lucerne Asset Management in Singapore. “People aren’t willing to chase those assets that are driven entirely by news headlines and could quickly reverse.”

(CFN, Liu Rui)