Oil Rally Frames Cautious Start for Asia Markets Ahead of US-Iran Talks

TL;DR Summary
Asian markets opened cautiously in holiday-thinned trading as oil rose on expectations of renewed U.S.-Iran talks, while Japan posted weaker-than-forecast Q4 GDP and signals for continued stimulus with BoJ policy unlikely to tighten soon; yields and the yen moved modestly as markets awaited geopolitical developments, and gold fell as the dollar steadied.
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- Asian FX steady in thin holiday trade; Thai stocks climb to over one‑year high Reuters
- Asia markets make cautious start, oil rises on US-Iran talks By Reuters Investing.com
- Shares fall in Japan, while most of Asia's markets are shut for the Lunar New Year holiday WRAL
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