Asian Equities Fall, Gold Holds Below $4,000

Asian shares extend pullback as investors reassess stretched valuations.

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Asian Equities Fall, Gold Holds Below $4,000

Asian Equities Fall, Gold Holds Below $4,000
MSCI’s Asia-Pacific Index fell 0.6%, marking its third drop in four sessions, as investors booked profits after the recent U.S. tech rally. Japan and Hong Kong led declines, while South Korea remained resilient. The U.S. dollar stayed firm near multi-month highs, gold slipped below $4,000/oz, and oil prices extended losses on softening demand expectations and geopolitical caution, reflecting a cautious regional mood ahead of key U.S. inflation data.
Companies:
  • Toyota Motor Corp
  • Samsung Electronics
  • Tencent Holdings
Tags:
  • Asia markets
  • Nikkei 225