Asian Markets Mixed, Oil Prices Drop Amid US-Iran Tensions & Fed Rate Cut Hopes

• Asian stock markets showed mixed trading, with South Korea and Australia gaining, while Taiwan and Japan declined.
• US equity-index futures fell as investors shifted focus from tech stocks, though Fed rate cut expectations remain.
• Crude oil prices dropped after US President Trump signaled a temporary halt to an attack on Iran, impacting commodities.
• Precious metals like silver and gold also declined, with silver slipping 1.3% as Trump avoided new mineral import tariffs.
• South Korean won weakened against the dollar, and the Japanese yen fluctuated amid snap election rumors and US Treasury Secretary's comments.

Why It Matters: Global markets are experiencing mixed signals from geopolitical tensions, commodity price shifts, and currency fluctuations.