Global Markets: Japan's Nikkei rises as oil falls before key earnings

Japan's Nikkei rose 0.5% to 64,931.19 and the broader Topix gained 1.37% to 4,066.07, supported by a more than 6% drop in oil prices after the U.S. suspended its bombing campaign on Iran and Tehran signalled reciprocal restraint. Investors remain cautious ahead of major U.S. cloud company earnings and central bank decisions later this week. Shin-Etsu Chemical slid 8.3% after its full-year net profit outlook undershot expectations, while Shift, BayCurrent and Shiseido were top gainers on the index.