Sunset at Shinjuku , Tokyo – Japan.
Xavierarnau | E+ | Getty Images
Asia-Pacific markets rose Tuesday, as investors hope that the Israel-Iran conflict might remain contained with Tehran reportedly signaling readiness to negotiate.
Investors await the Bank of Japan’s policy verdict, with the BOJ expected to stand pat on interest rates at 0.5% in the face of an uncertain trade climate, as it concludes its two-day policy meeting later in the day.
Japan’s benchmark Nikkei 225 added 0.47% while the broader Topix index edged up 0.17%.
In South Korea, the Kospi index advanced 1.07% while the small-cap Kosdaq increased by 0.71%.
Mainland China’s CSI 300 index was flat in early trade, while Hong Kong’s Hang Seng Index inched up 0.12%.
Over in Australia, the S&P/ASX 200 benchmark was up 0.12%.
U.S. stock futures fell in early Asian hours as investors continued to assess the developments around the Israel-Iran conflict.
Overnight stateside, all three key benchmarks rose on hopes for a positive resolution to the Middle East conflict.
The Dow Jones Industrial Average rose 317.30 points, or 0.75%, closing at 42,515.09. Meanwhile, the S&P 500 advanced 0.94% to end at 6,033.11, while the Nasdaq Composite surged 1.52% and settled at 19,701.21.
— CNBC’s Sean Conlon and Alex Harring contributed to this report.
