Asian stocks followed Wall Street higher to hit a six-week high on Wednesday amid optimism over renewed U.S.-Iran talks.
U.S. President Trump told Fox News that he views the war as very close to being over. Media reports suggested negotiating teams from the U.S. and Iran could return to Pakistan later this week or early next week to resume talks to end the conflict in the Middle East.
The U.S. dollar lingered near six-week lows in Asian trading amid prevailing optimism around the ceasefire and a possible resolution.
For comments and feedback contact: editorial@rttnews.com
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.