Crude Oil Rally Recedes as APAC Markets Stage Rebound

Following comments by Trump regarding a potential resolution to the Iran conflict, APAC markets surged Tuesday as risk appetite returned to assets hit by energy price spikes.

APAC Equity Gains

The Kospi index led the charge, while the Nikkei 225 posted a recovery following Monday's sell-off.

Commodity Pressure

• Kospi rose over 6%
• Nikkei 225 surged by more than 3%
• Brent and WTI crude fell between 9% to 10%

Analysts at Pepperstone caution that this move is a transient correction rather than a confirmed trend reversal.