Monday 27th April 2026: Asia-Pacific Markets Rise Despite U.S.–Iran Tensions as Oil Prices Climb

Global Markets:

•  Asian Stock Markets : Nikkei up 1.74%, Shanghai Composite up 0.15% Hang Seng up 0.18% ASX down 0.19%
• Commodities : Gold at $4,740.21 (-0.04%) Silver at $76.430 (0.02%), Brent Oil at $100.41 (1.27%), WTI Oil at $95.36 (1.03%)
• Rates : US 10-year yield at 4.318, UK 10-year yield at 4.9320, Germany 10-year yield at 3.0068

News & Data:

• (CAD) Core Retail Sales m/m 0.5%  to 0.8%  expected

Markets Update:

Asia-Pacific markets mostly advanced on Monday as investors looked beyond renewed diplomatic friction between the United States and Iran, even though rising geopolitical tensions in the Middle East continued to support higher oil prices. 

Japan’s Nikkei 225 climbed 1.4% to reach a record high, while South Korea’s Kospi surged 1.83%, also touching a fresh peak. In contrast, Australia’s S&P/ASX 200 slipped 0.54%. Hong Kong’s Hang Seng index edged down 0.17%, whereas mainland China’s CSI 300 gained 0.25% after China reported a strong 15.8% year-on-year rise in March industrial profits, accelerating from the 15.2% growth recorded in the first two months of the year.

Market sentiment remained relatively resilient despite U.S. President Donald Trump canceling plans to send envoys Steve Witkoff and Jared Kushner to Islamabad for talks with Iran, citing internal confusion within Iran’s leadership.

Oil prices jumped roughly 2% after another attempt at peace negotiations between Washington and Tehran stalled. Brent crude rose above $107 per barrel, while U.S. crude climbed near $96. 

Tensions also stayed elevated around the Strait of Hormuz following reports that Iran’s Revolutionary Guard boarded two cargo vessels near the strategic shipping route. Meanwhile, U.S. stock futures edged lower, even as the S&P 500 and Nasdaq closed at record highs last Friday.

Upcoming Events:

• 12:30 PM GMT – USD Core Retail Sales m/m
• 11:01 PM GMT – GBP BRC Shop Price Index y/y

The post Monday 27th April 2026: Asia-Pacific Markets Rise Despite U.S.–Iran Tensions as Oil Prices Climb first appeared on IC Your Trading Edge | Official Blog.