Asian Markets Decline Amid Year-End Trading and Global Cues

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Source: Bloomberg.com
Asian Markets Decline Amid Year-End Trading and Global Cues
Photo: Bloomberg.com
TL;DR Summary

Stocks remained rangebound ahead of the Fed minutes, with global equities on track for a third straight year of gains, while precious metals like silver and gold rebounded after recent declines. The Chinese yuan strengthened past 7 per dollar for the first time since 2023, and investors are cautiously optimistic about the new year amid stable to rising US Treasury yields and geopolitical tensions affecting oil prices.

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