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Sunset astatine Shinjuku , Tokyo - Japan.
Xavierarnau | E+ | Getty Images
Asia-Pacific markets are acceptable to unfastened higher Tuesday, aft United States President Donald Trump announced that Iran and Israel person agreed to a ceasefire.
"It has been afloat agreed by and betwixt Israel and Iran that determination volition beryllium a Complete and Total CEASEFIRE ... for 12 hours, astatine which constituent the War volition beryllium considered, ENDED!" Trump wrote connected Truth Social.
However, neither Iran nor Israel has publically confirmed they person accepted Trump's ceasefire timeline.
Japan's benchmark Nikkei 225 was acceptable to unfastened higher, with the futures declaration successful Chicago astatine 38,920 portion its counterpart successful Osaka past traded astatine 38,620 against the index's past adjacent of 38,354.09.
Futures for Hong Kong's Hang Seng index stood astatine 23,721, pointing to a higher unfastened compared to the HSI's past adjacent of 23,689.13.
Australia's S&P/ASX 200 is besides slated to unfastened higher, with futures tied to the benchmark astatine 8,520, compared to its past adjacent of 8,474.9.
— CNBC's Lisa Kailan Han contributed to this report.
Stocks adjacent higher
Stocks closed higher portion lipid tumbled connected Monday, with investors mostly shaking disconnected escalating tensions successful the Middle East.
The S&P 500 added 0.96% to decorativeness the league astatine 6,025.17, portion the Nasdaq Composite climbed 0.94% to 19,630.97. The Dow Jones Industrial Average gained 374.96 points, oregon 0.89%, to adjacent astatine 42,581.78.
U.S. crude lipid futures slipped much than 7% to settee astatine $68.51 per barrel, aft hitting their highest level since January overnight.
— Brian Evans
Trump announces an Israel-Iran ceasefire timeline that helium says volition extremity the war
Trump announced connected his societal media level that Israel and Iran person agreed to a "Complete and Total CEASEFIRE" that volition statesman astir midnight Tuesday.
Representatives for Israel and Iran did not instantly look to corroborate the agreement.
Read Trump's afloat Truth Social post:
CONGRATULATIONS TO EVERYONE! It has been afloat agreed by and betwixt Israel and Iran that determination volition beryllium a Complete and Total CEASEFIRE (in astir 6 hours from now, erstwhile Israel and Iran person coiled down and completed their successful progress, last missions!), for 12 hours, astatine which constituent the War volition beryllium considered, ENDED! Officially, Iran volition commencement the CEASEFIRE and, upon the 12th Hour, Israel volition commencement the CEASEFIRE and, upon the 24th Hour, an Official END to THE 12 DAY WAR volition beryllium saluted by the World. During each CEASEFIRE, the different broadside volition stay PEACEFUL and RESPECTFUL. On the presumption that everything works arsenic it should, which it will, I would similar to congratulate some Countries, Israel and Iran, connected having the Stamina, Courage, and Intelligence to end, what should beryllium called, "THE 12 DAY WAR." This is simply a War that could person gone connected for years, and destroyed the full Middle East, but it didn't, and ne'er 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
U.S. crude prices tumble 7%
In an aerial view, the LyondellBasell Houston refinery is seen astatine sunset connected June 18, 2025 successful Houston, Texas.
Brandon Bell | Getty Images News | Getty Images
Crude prices tumbled Monday aft Iran's effect to U.S. attacks was much muted than traders feared. West Texas Intermediate futures settled much than 7% little astatine $68.51 per barrel.
"I deliberation radical recognize that things successful the Middle East volition yet de-escalate and volition beryllium successful spot of a overmuch safer, a overmuch much unchangeable Middle East and satellite arsenic a whole," Energy Secretary Chris Wright told CNBC connected Monday arsenic lipid sold off, crediting President Donald Trump's overseas policy.
— Spencer Kimball
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