Investors weigh progress in US-Iran negotiations against lingering tensions, capping volatility in early Asian trade.
Asian equities showed a mixed performance Monday as markets balanced optimism over advancing US-Iran talks with persistent geopolitical uncertainty. Reports of a potential deal within 60 days eased immediate concerns, supporting risk sentiment despite earlier volatility in Wall Street futures.
Crude oil prices retreated from recent highs, further stabilizing investor appetite. Prior sessions saw sharp swings as traders reacted to conflicting signals on US-Iran relations, with futures oscillating between gains and losses ahead of the Asian open.
The cautious tone reflects lingering caution, though improved sentiment limited downside pressure in early trading.