US President Trump said the United States will not allow Iran to possess nuclear weapons.

WTI crude slipped below $80/bbl, down 0.57% intraday.

Nikkei 225 rose 0.59% to 68,713.80 on Friday, bringing the week's gain to 4.7%, after US equities climbed and softer US producer prices lifted risk appetite. Broader Topix advanced 0.51% to 4,197.20, a record closing high. US July PPI was flat MoM, reinforcing market expectations the Fed will hold rates next month and helping push the S&P 500 and Nasdaq to record closes overnight. Nomura strategist Wataru Akiyama said the US rally, falling oil and easing inflation-driven expectations of earlier Fed hikes are supporting Japanese stocks. Among Nikkei components, Nexon jumped 19.85%—its largest one-day gain since Feb 2024—Shift rose 7.57% and Nintendo gained 6.91%.