Asia-Pacific markets live: Trump, Iran-Israel ceasefire
Sunset at Shinjuku , Tokyo - Japan.
Xavierarnau | E+ | Getty Images
Asia-Pacific markets are set to open higher Tuesday, after United States President Donald Trump announced that Iran and Israel have agreed to a ceasefire.
"It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE ... for 12 hours, at which point the War will be considered, ENDED!" Trump wrote on Truth Social.
However, neither Iran nor Israel has publicly confirmed they have accepted Trump's ceasefire timeline.
Japan's benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 38,920 while its counterpart in Osaka last traded at 38,620 against the index's last close of 38,354.09.
Futures for Hong Kong's Hang Seng index stood at 23,721, pointing to a higher open compared to the HSI's last close of 23,689.13.
Australia's S&P/ASX 200 is also slated to open higher, with futures tied to the benchmark at 8,520, compared to its last close of 8,474.9.
— CNBC's Lisa Kailan Han contributed to this report.
Stocks closed higher while oil tumbled on Monday, with investors largely shaking off escalating tensions in the Middle East.
The S&P 500 added 0.96% to finish the session at 6,025.17, while the Nasdaq Composite climbed 0.94% to 19,630.97. The Dow Jones Industrial Average gained 374.96 points, or 0.89%, to close at 42,581.78.
U.S. crude oil futures slipped more than 7% to settle at $68.51 per barrel, after hitting their highest level since January overnight.
— Brian Evans
Trump announced on his social media platform that Israel and Iran have agreed to a "Complete and Total CEASEFIRE" that will begin around midnight Tuesday.
Representatives for Israel and Iran did not immediately appear to confirm the agreement.
Read Trump's full Truth Social post:
CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at which point the War will be considered, ENDED! Officially, Iran will start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE and, upon the 24th Hour, an Official END to THE 12 DAY WAR will be saluted by the World. During each CEASEFIRE, the other side will remain PEACEFUL and RESPECTFUL. On the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, "THE 12 DAY WAR." This is a War that could have gone on for years, and destroyed the entire Middle East, but it didn't, and never will! God bless Israel, God bless Iran, God bless the Middle East, God bless the United States of America, and GOD BLESS THE WORLD!
— Kevin Breuninger
In an aerial view, the LyondellBasell Houston refinery is seen at sunset on June 18, 2025 in Houston, Texas.
Brandon Bell | Getty Images News | Getty Images
Crude prices tumbled Monday after Iran's response to U.S. attacks was more muted than traders feared. West Texas Intermediate futures settled more than 7% lower at $68.51 per barrel.
"I think people realize that things in the Middle East will eventually de-escalate and will be in place of a much safer, a much more stable Middle East and world as a whole," Energy Secretary Chris Wright told CNBC on Monday as oil sold off, crediting President Donald Trump's foreign policy.
— Spencer Kimball
