US stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns. This comes as the Federal Reserve signaled potential rate hikes to combat inflation, causing bond yields to climb and the yen to weaken.

Oil prices drop over 4% after US-Iran peace deal, while Japan’s Nikkei and South Korea's Kospi indices surge.

Oil prices tumble as benchmarks in Tokyo and Seoul gain over 5% amid easing geopolitical tensions

Asian shares climb with Japan’s Nikkei nearing record close

US-Iran deal lifts Japan's Nikkei average near 70,000 threshold

Asian stocks saw a modest rise, following a rally on news of a peace deal between Iran and the U.S. Investors are now focused on central bank decisions, including an anticipated…