U.S. President Donald Trump has delayed the implementation of new reciprocal tariffs, which has led to a positive response in Asian markets following gains in Wall Street. The S&P 500 futures remained flat as investors digested the news. The ASX 200 index rose by 0.7%, while the Nikkei 225 fell by 0.3%, and the KOSPI increased by 0.2%. The VIX, a measure of market volatility, closed at its lowest level since the day before the DeepSeek event, indicating a calmer market environment. As of February 14, the VIX was reported at 14.88, reflecting a decrease in perceived market risk. The delayed tariffs have provided optimism regarding ongoing negotiations between the U.S. and other trading partners, contributing to a generally positive sentiment in the markets.