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