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Asian Market Updates

Asian Shares Rebound As Oil Prices Retreat On Trump Remarks

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Asian stocks rallied on Tuesday as concerns over the U.S.-Iran conflict eased following comments by U.S. President Donald Trump suggesting the war was "very complete."

Trump's remarks coupled with reports suggesting Washington may soften sanctions on Russian energy injected a burst of optimism, sending bond prices tumbling and crude oil prices plunging by nearly 10 percent at the start of Asian trading.

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Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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