Reuters - Asian stocks were steady and oil prices dipped on ​Thursday as investors assessed progress toward ending the war in the Middle East after the presidents of the ‌U.S. and Iran signed an interim peace deal, though uncertainties still hovered.

Both countries released the text of the agreement, which had already circulated widely before its contents were published. It extends a ceasefire announced in April by another 60 days to allow the two sides to negotiate a final ​truce.

U.S. President Donald Trump, however, threatened to resume attacks and kill Iranian officials if they failed to honour their ​commitments.

"Major geopolitical risk persists and will also remain a major driver of market action," said Kyle ⁠Rodda, a senior financial market analyst at Capital.com.

MSCI's broadest index of Asia-Pacific shares outside Japan, opens new tab was flat. Japan's Nikkei share ​average, opens new tab rallied to another record high, surging past the 71,000 level for the first time, on solid gains in semiconductor and AI-related shares, ​while South Korean shares, opens new tab gained 0.9%. U.S. stock futures, the S&P 500 e-minis , were up 0.81% at 7,484.8.

The benchmark 10-year Japanese government bond yield rose 2 basis points to 2.620%, poised for its highest close since June 16, after earlier touching 2.63%.

Oil prices fell, with U.S. crude dipping 1.25% ​to $75.83 a barrel and Brent crude down 1.4% to $78.41 per barrel.

Overnight on Wall Street, all three major indexes fell close to ​or more than 1% as traders bet that the Federal Reserve's next move would be a rate hike after new Fed Chair Kevin ‌Warsh ⁠highlighted the need to tame inflation and other policymakers projected rising interest rates later this year.

The Dow Jones Industrial Average, opens new tab fell 507.12 points, or 0.98%, to 51,492.55, the S&P 500, opens new tab fell 91.25 points, or 1.21%, to 7,420.10 and the Nasdaq Composite, opens new tab fell 354.69 points, or 1.34%, to 26,021.66.

The yield on benchmark 10-year Treasury notes rose to 4.471% compared with its U.S. close of ​4.463% on Wednesday. The 2-year ​yield , which rises with traders' ⁠expectations of higher Fed funds rates, touched 4.1759% compared with a U.S. close of 4.163%.

The Bank of England meets on Thursday and, as with the Fed, no change in rates is ​expected, leaving the focus on the tone of policymakers' commentary.

The dollar rose 0.01% against the ​yen to 160.65 ⁠after touching 160.79 overnight, hitting its highest level since July 2024.

The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, fell 0.03% to 100.32. The euro was up 0.1% at $1.1511.

Recent declines in oil prices have ⁠begun to ​ease worries about an economic slowdown, especially in energy-importing Europe. The International ​Energy Agency said on Wednesday the oil market would move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz.

Spot ​gold traded at $4,309.75 per ounce.

In cryptocurrencies, bitcoin gained 0.16% to $64,464.75. Ethereum rose 0.37% to $1,752.54.