The Japanese stock market is likely to rise as people rekindle hope that the US and Iran are expected to reach an agreement to reopen the Strait of Hormuz. Nikkei index futures on the Singapore Exchange rose 2.6% to 65,615 points. The dollar was reported at 157.80 yen against the yen, and the Tokyo stock market closed at 157.69 yen on Tuesday. Financial reports became the focus of attention. Investors are also closely monitoring developments in the Middle East, after US Treasury Secretary Scott Bessent said on Tuesday that the US may reach an agreement with Iran “today or tomorrow” to reopen the Strait of Hormuz. The Nikkei Index rose 0.3% to 63957.53 points on Tuesday.

The Japanese stock market is likely to rise as people rekindle hope that the US and Iran are expected to reach an agreement to reopen the Strait of Hormuz. Nikkei index futures on the Singapore Exchange rose 2.6% to 65,615 points. The dollar was reported at 157.80 yen against the yen, and the Tokyo stock market closed at 157.69 yen on Tuesday. Financial reports became the focus of attention. Investors are also closely monitoring developments in the Middle East, after US Treasury Secretary Scott Bessent said on Tuesday that the US may reach an agreement with Iran “today or tomorrow” to reopen the Strait of Hormuz. The Nikkei Index rose 0.3% to 63957.53 points on Tuesday.