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Stocks in Asia were poised to extend gains Tuesday as optimism over a potential US-Iran deal to reopen the Strait of Hormuz lifted risk appetite and sent oil prices lower.
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Pro-independence party, now in its 20th year in power, is struggling to boost public services amid fiscal challenges
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Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
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Washington has more demands—and Tehran has more leverage.