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[MARKET UPDATE] Asia-Pac stocks begin mixed, albeit with a positive bias as the region takes its opportunity to react to the recent strong US jobs data and subsequent Fed rate hike bets, as well as tit-for-tat strikes on vessels in Strait of Hormuz

StockNow breaking-news AI analysis

Asia-Pac stocks traded mixed with a positive bias as markets reacted to robust US jobs figures lifting Fed rate hike expectations alongside military tensions in the Strait of Hormuz.

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Geopolitics

Iran warns South Korea against Hormuz deployment and threatens to target South Korean assets if Seoul joins the mission

Geopolitics

Iran's Foreign Ministry says the US-led war is disrupting global oil trade and costs, also says US aggression is causing instability in the Hormuz Strait

Market Analysis

[MARKET UPDATE] US index futures begin the week rangebound, while oil prices are mildly underpinned after the US and Iran launched tit-for-tat strikes on vessels in the Strait of Hormuz over the weekend