Asian markets today: Kospi, Nikkei 225 extend rally after US-Iran peace deal; BOJ policy in focus (opens original article in a new tab)

Asian markets showed mixed performance with South Korea's Kospi rising on US-Iran peace deal news, while Japan's Nikkei 225 edged up and Topix declined. Markets focus shifts to central bank policy meetings including potential Bank of Japan rate hikes.

• South Korea's Kospi rose 2.01% on Tuesday following a US-Iran peace deal
• Japan's Nikkei 225 gained 0.18% while Topix declined 0.39%
• Bank of Japan expected to raise interest rates to 31-year high this week
• US markets saw gains with Nasdaq rising 3.07% on Middle East conflict de-escalation