Asian markets open mixed amid rising oil prices, Strait of Hormuz tensions

PSX Update • Aug 7, 2026

Asian markets opened on a mixed note Friday as investors weighed higher oil prices triggered by Iran's restrictive draft plan for the Strait of Hormuz, while also awaiting the closely watched U.S. July jobs report for further clues on the Federal Res

August 07, 2026 (MLN): Asian markets opened on a mixed note Friday as investors weighed higher oil prices triggered by Iran's restrictive draft plan for the Strait of Hormuz, while also awaiting the closely watched U.S. July jobs report for further clues on the Federal Reserve's policy outlook. Japan's Nikkei 225 was little changed in early trade after futures signaled a softer opening, while Hong Kong's Hang Seng f...