The MSCI Asia Pacific Index climbed over 1.5%, with technology shares leading.
Business
M
Moneycontrol03-02-2026, 07:17

Asian Stocks Rebound, Metals Climb After Volatility Eases

  • Asian stocks, led by technology shares, climbed over 1.5% after a sharp two-day drop, with South Korea's market recovering.
  • Gold and silver clawed back losses after an abrupt unwinding of a record-breaking rally, while Bitcoin rose to nearly $79,000.
  • US factory activity showed a demand-related spike, signaling an upbeat economic outlook and potential manufacturing revival.
  • Indian assets are in focus as Trump announced tariff cuts to 18% after PM Modi agreed to stop buying Russian oil.
  • Australia's central bank is expected to raise borrowing costs by 25 basis points in an interest rate decision today.

Why It Matters: Asian markets and precious metals rebounded as volatility eased, driven by positive economic signals and policy shifts.

More like this

Loading more articles...