The Nikkei index is expected to rise due to hopes of a boost from negotiations between the US and Iran.

Thanks to the ongoing hopes for negotiations between the United States and Iran to end the war, the Japanese stock market may rise. Nikkei index futures rose 1.6% on the Singapore Stock Exchange, closing at 53,220 points. Investors are keeping an eye on the developments in Iran's situation, as well as any measures Japan's government may take to address shortages in energy and petrochemical products. The Nikkei index rose 1.4% on Tuesday, closing at 52,252.28 points.