Economic Indicators - Japan's consumer price index fell to 1.3% in February, the lowest since March 2022, and below the central bank's 2% target, down from 1.5% in January [1] - Japan's headline inflation rate eased for the fourth consecutive month in February, attributed to stabilizing food prices and fuel subsidies [2] Market Reactions - Japan's Nikkei 225 rose by 1.1%, and the Topix increased by 1.87% following the inflation data [2] - South Korea's Kospi surged over 3% before settling at a 1.5% gain, while the small-cap Kosdaq was up 1.7% [2] Oil Market Dynamics - Brent crude futures for May rose over 3.5% to $103.7 per barrel, while West Texas Intermediate futures jumped 4% to $91.72 per barrel after a significant selloff [5] - Oil prices had previously tumbled nearly 11% on Monday, dropping to around $99 per barrel after reaching over $112 [5] U.S. Stock Market Performance - The Dow Jones Industrial Average increased by 631 points, or 1.38%, closing at 46,208.47, while the S&P 500 rose 1.15% to 6,581.00, and the Nasdaq Composite gained 1.38% to settle at 21,946.76 [5] - Before President Trump's comments, futures indicated potential losses for equity markets due to rising oil prices and uncertainty regarding the Iran conflict [6]