Asian stocks ended mostly higher on Monday, even as regional gains remained modest somewhat amid uncertainty surrounding the second round of diplomatic talks between the United States and Iran.
Hours after U.S. President Donald Trump announced delegation to Islamabad, Iran rejected participation in a second round of peace talks, citing Washinton's excessive demands, unrealistic expectations, constant shifts in stance, repeated contradictions, and the continuing naval blockade, which it considers a breach of the ceasefire.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.