An electronic stock board inside the Kabuto One building in Tokyo, Japan, on Tuesday, Jan. 28, 2025.
Toru Hanai | Bloomberg | Getty Images
Asia-Pacific markets were set to open higher Wednesday, tracking overnight gains in U.S. stocks, as oil prices fell amid rising hopes of a diplomatic solution to the Middle East conflict.
AWhite House officialtold CNBC on Tuesday that a second round of negotiations between Washington and Tehran was under discussion. Nothing has been officially scheduled yet, the official said, who asked not to be named to discuss the administration’s internal plans.
“We’ve been called by the other side,” PresidentDonald Trumpsaid Monday. “They’d like to make a deal very badly, he added.
TheWest Texas Intermediate was down 2.39% at $88.94 per barrel as of 7:40 p.m. ET. Brent crudefell over 4% to settle at $94.79 per barrel on Tuesday.
Japan’s Nikkei 225 was poised to gain, with the Chicago contract at 58,775 and its Osaka counterpart last trading at 58,780, compared to the index’s previous close of 57,877.39.
Hong Kong Hang Seng index futures were at 26,145, compared with the index’s last close of 25,872.32.
In Australia, S&P/ASX 200‘s futures last traded at 9,038, while theindex closed at 8,970.80.
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