Asian Markets Dip Slightly as U.S.-Iran Truce Talks Continue Amid Strait of Hormuz Operations

U.S. and Iran continued working toward a truce even as they traded blows over the Strait of Hormuz. 4% in thinned Asia trade.

Markets in Japan and South Korea were closed for a holiday. S. and Iran launched new attacks in the Gulf on Monday as they wrestled for control over the Strait of Hormuz with dueling maritime blockades.

U.S. President Donald Trump launched a new effort to get stranded tankers and other ships through the Strait of Hormuz.

U.S. Military assets on Monday. Tony Sycamore, market analyst at IG, said, 'We started yesterday with high hopes that operation "Project Freedom" would be, I guess, a success on the ground, that it was being pitched as more of a humanitarian effort. S.

03. S. crude jumped in the previous session on heightened worries about supply disruption. 22 per dollar.

Japanese Finance Minister Satsuki Katayama spoke out against speculative trading in foreign exchange on Monday. Tokyo intervened to prop up its currency on Thursday, sources told Reuters. 7163 ahead of the Reserve Bank of Australia's interest rate decision later in the day, where a hike is widely expected.

19 an ounce. 1%. 75%. Advanced Micro Devices and Pfizer are set to release earnings reports later in the day.

2% of S&P 500 companies that have already reported have beaten revenue estimates. S. economy to have added 62,000 jobs in April following March's 178,000 gain.

Markets currently expect the Fed to leave its policy interest rate on hold this year. CNBC reported these developments based on market data and statements from analysts.