Optimism over a potential Iran nuclear agreement sparks risk-on sentiment, driving Japanese equities higher ahead of the reopening.
Nikkei 225 futures climbed sharply in early trading as investors reacted to signs of progress in Iran nuclear negotiations. The potential deal has eased geopolitical tensions, reducing oil price volatility and boosting risk appetite across Asian markets.
Japan’s benchmark index had closed lower in the previous session amid broader market caution. Analysts noted that a resolution with Iran could stabilize energy supplies, a key concern for import-dependent economies like Japan.
Equity futures pointed to a strong open, with gains extending across sectors. The yen remained steady against the dollar, reflecting balanced risk sentiment.