Global markets reacted to potential Middle East de-escalation on Friday, with oil prices falling 1.9% to $83.82 per barrel as Donald Trump suggested Iran wants to "make a deal" to end the conflict. Asian stock markets declined, with Japan's Topix falling 0.4% and South Korea's Kospi dropping 1.8%, as investors weighed the possibility of reduced geopolitical tensions in the oil-producing region.

Asian currencies strengthened against the dollar during early trading, with the Korean won gaining 0.3% to Won1,476. Gold prices remained stable at $5,076 per troy ounce, while yields on US 10-year Treasuries stayed flat at 4.14% following Thursday's increase. S&P 500 futures inched up 0.1% after Thursday's 0.6% decline, indicating modest optimism about potential diplomatic developments.

Iran's foreign minister Abbas Araghchi clarified the country's position, stating Iran is not asking for a ceasefire despite Trump's comments. The mixed market response suggests investors remain cautious about potential Middle East developments, with oil prices still reflecting a risk premium despite recent declines as the region continues to impact global energy markets.