Asian stock markets experienced a significant rally Friday morning following President Trump’s announcement of potential negotiations with Iran. The Tokyo Nikkei index jumped 3.64% in early trading, while Seoul’s Kospi index saw an even larger increase of nearly 7%. This positive market reaction comes after Trump called off planned military strikes against Iran and expressed optimism about reaching a diplomatic agreement in the coming days. The shift in tone from the US President alleviated immediate geopolitical tensions. Investors appear to be responding favorably to the reduced risk of conflict in the Middle East. The gains indicate a strong vote of confidence in a potential de-escalation of tensions and a return to diplomatic efforts. News agency NTB reports the developments fueled the market upswing.