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macroJun 12, 2026, 4:43 AM

Asian Stocks Rise on Easing US-Iran Tensions, SpaceX Debut in Focus

Asian equities advanced on Friday as US President Donald Trump indicated a peace agreement with Iran could be finalized soon, lowering oil prices and boosting risk sentiment. Markets also awaited the debut of SpaceX.

Asian equities gained on Friday, supported by a decline in oil prices after US President Donald Trump signaled that a peace deal with Iran could be reached shortly. The easing of geopolitical tensions improved market sentiment across the region.

In addition, traders are watching for the highly anticipated debut of SpaceX, which added to the positive tone. Lower energy costs and reduced risk premiums helped lift stocks, though gains may be capped by ongoing uncertainties.

The moves come ahead of weekend trading and follow a period of heightened volatility linked to Middle East developments.

Source: FXStreet Forex News