Everyone’s watching US stocks, but Asia just sent a signal.
🇯🇵 Nikkei: +92% in a year → -13% in a month → now +4.6% to start April (53,417)
🇰🇷 KOSPI: +176% in a year → -19% in a month → now +8% to start April (5,457)
Same pattern: huge rally, sharp pullback, early rebound.
Here’s the takeaway:
Both Japan and Korea rely heavily on Middle East oil and were hit hard when prices spiked during the Iran conflict. Their markets are now acting as a real-time vote on what comes next.
If they bounce → Asia expects a resolution.
If they drop → risk is still elevated.
Right now, both are bouncing.
Asia is pricing in a deal before the West confirms it.
Watch these markets closely—they may be ahead of oil and US equities.
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