Asian markets gain despite weekend flare-up in U.S.-Iran tensions; China keeps LPR steady
Source: SeekingAlpha
2026-04-20 00:55:51 ET
Asian equity markets rose on Monday despite US-Iran tensions, including the US seizing an Iranian-flagged cargo vessel and Iran reasserting control over the Strait of Hormuz. The instability raises global growth and inflation risks for oil-importing Asian economies. In China, the People’s Bank of China maintained its benchmark loan prime rates unchanged for the 11th consecutive month....
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Asian markets gain despite weekend flare-up in U.S.-Iran tensions; China keeps LPR steady
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