Asia markets set for mixed open as Iran launches missiles despite signs of temporary truce
Asia-Pacific markets are expected to open mixed as investors react to Iran's recent missile launches amid potential signs of a temporary truce with the U.S. Iran's military activity included firing missiles and deploying drones, raising tensions in the region. Despite these developments, reports indicate that Washington and Tehran are nearing an agreement to halt their ongoing conflict.
- ▪Iran's armed forces fired missiles at unspecified targets late Thursday.
- ▪The Pentagon reported that Tehran launched a ballistic missile toward Kuwait.
- ▪A White House official stated that the U.S. and Iran had mostly agreed on terms for a temporary deal to halt the conflict.
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Asia-Pacific markets were set to open mixed Friday as investors weighed fresh military activity involving Iran against signs that Washington and Tehran were nearing a temporary agreement to halt their three-month conflict.Iran's armed forces reportedly fired missiles at unspecified targets late Thursday, according to state media outlet Fars.The latest military activity in southern Iran came just hours after the Pentagon said Tehran had fired a ballistic missile toward Kuwait and deployed attack drones in and around the Strait of Hormuz.Earlier on Thursday, a White House official confirmed an Axios report saying the U.S.
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