Global stock markets have shown a mixed response following the recent signing of a US-Iran peace deal aimed at ending ongoing conflicts. While Asian stocks surged to record highs, optimistic reactions were tempered by uncertainty surrounding future talks. Oil prices fluctuated, initially dropping as shipments through the Strait of Hormuz resumed, but later climbed amidst renewed tensions. Asian shares experienced volatility, with some markets rallying on news of progress, while others saw declines as investors reassessed the durability of the agreement. Notably, the yen remained near 40-year lows, reflecting concerns over the implications of delayed peace talks. Amidst this backdrop, tech stocks in Asia benefitted significantly, particularly firms like SoftBank, which saw notable gains. As markets navigate these developments, investor sentiment remains cautious.