Market Optimism Builds on US-Iran Plan | The Asia Trade 4/16/2026

SHERY: THIS IS "THE ASIA TRADE." PAUL: THE TOP STORIES THIS HOUR -- ASIAN STOCKS SET TO OPEN HIGHER IS WALL STREET EXTENDED GAINS, PUSHING THE S&P 500 AND NASDAQ 100 RECORD HIGHS. INVESTORS ARE CAUTIOUSLY OPTIMISTIC OF A CEASE-FIRE BETWEEN THE U.S. AND IRAN. A SOURCE SAYS BOTH SIDES ARE CONSIDERING A TRUCE EXTENSION.SHERY: WE SEE A MORE RESILIENT ENERGY LANDSCAPE IN CHINA, NOT TO MENTION THEY ARE CONTENDING WITH INFLATIONARY PRESSURES INSTEAD. WE HAVE SEEN SIGNIFICANCE FOR THE CHINESE YUAN, NOT SO MUCH IN T ...