Asian Stocks Edge Up Amid Middle East Uncertainty
Asian markets gained as the U.S. moved to secure the Strait of Hormuz. Investors await 100 corporate earnings reports and key U.S. payrolls data due this week.
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South Korea stocks jumped 2.6% on Monday morning as Asian markets tracked progress in resolving Middle East shipping disruptions. The MSCI Asia-Pacific index outside Japan rose 0.6% while Brent Crude Oil held steady at $108.30 per barrel. Investors are balancing geopolitical risks against a heavy week of corporate earnings and central bank policy decisions.
