Original Source
Markets Recovering From Iran War Shock; Trump Comments on 'Good Deal'
Markets Stabilize After Iran War Shock
Markets are showing signs of normalization, moving past the initial shock of the Iran war, as reported by Bloomberg's 'The China Show'. Former US President Donald Trump indicated that a deal with Iran is "looking very good," suggesting potential de-escalation. Despite the Australian Treasurer's expectation of slower growth due to the Iran energy shock, traders are now parsing potential ceasefire talks, contributing to a shifting market sentiment.
Corporate Performance and Economic Outlook
TSMC released strong results and a positive outlook, driven by robust AI demand, which garnered market attention. Conversely, Kweichow Moutai reported its first revenue drop. Meanwhile, Manycore saw its stock surge on its Hong Kong debut, with co-founder and chairman Victor Huang discussing the rise of robotics in China. Yi Wang of Goldman Sachs projected a potential property market turnaround in Shanghai and Shenzhen by late 2026.
*Source: YouTube: Bloomberg (2026-04-17)*
