Asian Markets Climb Amid Trade Hopes and Election Wins
TL;DR Summary
Asian stocks rose driven by technology shares amid ongoing trade tensions, with South Korea reaching a 10-month high after election results. The dollar wobbled as new US tariffs on steel and aluminum took effect, and markets await a potential US-China call that could influence risk sentiment. Despite trade uncertainties, markets showed resilience, with some indices hitting multi-month highs, while commodities like oil and gold experienced slight declines or gains.
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- South Korean stocks rise 2% to lead gains in Asia after opposition leader wins presidential election CNBC
- Asian markets rise as US stock indexes near records amid easing trade tensions ABC News
- Asia stocks rise on hopes of Trump-Xi talk; S.Korea rallies on election results Investing.com
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