Asian stock markets reversed course between September 1 and 2, 2026, as oil prices eased after President Trump downplayed prolonged conflict with Iran, reducing inflation concerns. Bond yields and market sentiment shifted correspondingly.
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Asian stocks were set to decline Wednesday as surging oil prices pushed bond yields higher and stoked fears that resurgent inflation will force central banks to tighten monetary policy.
Asian stocks were poised to track Wall Street higher as oil’s surge eased after President Donald Trump played down the prospect of a prolonged conflict with Iran, tempering inflation concerns.