Investor optimism over potential Middle East peace talks lifts equities, while Japan’s core inflation slows to its lowest since 2020.
Asian markets advanced Friday, mirroring Wall Street gains as diplomatic progress in the Middle East fueled risk appetite. Gold prices held above $4,500 amid the geopolitical optimism, reflecting safe-haven demand easing slightly.
Japan’s core inflation fell to a four-year low, signaling subdued price pressures. The reading contrasts with recent trends in other major economies, where inflation remains elevated. Analysts noted the divergence may influence Bank of Japan policy expectations.
Equities across the region climbed, with technology and export-driven sectors leading gains. The rally followed a week of mixed economic data, leaving investors focused on central bank signals and geopolitical developments.