Japanese Stocks Set to Rise After US-Iran Peace Deal Reached

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AI summary

Japanese stocks are set to rise after President Trump announced a US-Iran peace deal, with the US naval blockade of the Strait of Hormuz being lifted immediately. Oil prices sank on the news while the dollar weakened against the yen, with Nikkei 225 futures trading at 68,390. The deal is set to be signed in Switzerland on June 19, though Israel's stance remains uncertain following attacks on Lebanon, and nuclear arrangement timelines remain unclear.