Asian Markets Surge on Middle East Escalation Hopes

Asian Markets Surge on Middle East Escalation Hopes
Asian equities rallied sharply as investors bet that intense U.S. and Israeli strikes on Iran could accelerate conflict resolution. Japan's Nikkei 225 jumped four percent to 53,115.41, while Seoul shares also posted gains. The market optimism reflects a "climax scenario" where military intensity forces diplomatic resolution. However, energy markets remain volatile with Brent crude climbing to 105 dollars per barrel due to supply risks from Middle East instability. Chinese Government Bonds emerged as the primary safe haven amid global uncertainty, while China's manufacturing PMI cooled to 50.8, missing expectations of 51.6 and signaling input price pressures.