Asian markets mostly up as Iran fears recede | The Malaysian Insight

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Asian markets mostly up as Iran fears recede

A child holding a portrait of slain Iranian Revolutionary Guards Corps commander Qasem Soleiman during a rally in Kuala Lumpur today. Oil prices are flat, with the sharp gains enjoyed in the wake of the US assassination of Iran's top general last week being wiped out by easing tensions. – EPA pic, January 10, 2020.

MOST Asian markets rose today but investors struggled to maintain a rally triggered by easing US-Iran tensions the previous day, as focus turned back to the global economic outlook. The toning down of rhetoric from Donald Trump and Tehran following an Iranian missile attack on US assets in Iraq soothed concerns about a possible conflict in the Middle East and lit a fire under global equities yesterday.

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