Asian markets surge on ceasefire optimism.

Asian markets surge on ceasefire optimism. Regional equity indexes climbed Friday as investors grew cautiously optimistic about potential Iran-U.S. ceasefire negotiations, reducing geopolitical risk premiums across the board. Chinese stocks demonstrated resilience despite releasing mixed inflation data for March, signaling investor confidence in economic recovery prospects. Gold prices held steady above the $4,700 per ounce level, reflecting ongoing safe-haven demand amid geopolitical tensions. The combination of diplomatic progress signals and solid Asian equity performance suggests investors are rotating back into risk assets as immediate conflict concerns ease. Market participants remain watchful for further developments in negotiations and upcoming economic data releases from the region.