Asia equities rally after U.S. bank reports; gold extends upward on safe-haven demand
Asia markets broadly gained, mirroring Wall Street’s optimism powered by strong U.S. bank results and tech demand. The Nikkei rose over 1%, while Taiwan and Korea touched record levels. China and Hong Kong markets were mixed amid ongoing trade tensions. Gold hit fresh highs as investors sought safe havens amid global uncertainty. The dollar slipped against major peers, aiding regional currencies. Market watchers cautioned that trade policy shifts and central bank moves could alter sentiment quickly.
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2 days ago
Asia equities rally after U.S. bank reports; gold extends upward on safe-haven demand
Asia markets broadly gained, mirroring Wall Street’s optimism powered by strong U.S. bank results and tech demand. The Nikkei rose over 1%, while Taiwan and Korea touched record levels. China and Hong Kong markets were mixed amid ongoing trade tensions. Gold hit fresh highs as investors sought safe havens amid global uncertainty. The dollar slipped against major peers, aiding regional currencies. Market watchers cautioned that trade policy shifts and central bank moves could alter sentiment quickly.
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Asia equities rally after U.S. bank reports; gold extends upward on safe-haven demand
3 days ago
1 min read
76 words
Asia stocks rally with U.S. momentum, gold climbs on safe-haven flows, currencies gain on dollar weakness.
Asia markets broadly gained, mirroring Wall Street’s optimism powered by strong U.S. bank results and tech demand. The Nikkei rose over 1%, while Taiwan and Korea touched record levels. China and Hong Kong markets were mixed amid ongoing trade tensions. Gold hit fresh highs as investors sought safe havens amid global uncertainty. The dollar slipped against major peers, aiding regional currencies. Market watchers cautioned that trade policy shifts and central bank moves could alter sentiment quickly.
Asia markets broadly gained, mirroring Wall Street’s optimism powered by strong U.S. bank results and tech demand. The Nikkei rose over 1%, while Taiwan and Korea touched record levels. China and Hong Kong markets were mixed amid ongoing trade tensions. Gold hit fresh highs as investors sought safe havens amid global uncertainty. The dollar slipped against major peers, aiding regional currencies. Market watchers cautioned that trade policy shifts and central bank moves could alter sentiment quickly.