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.
