Asian Stocks Rebound, Metals Climb After Volatility Eases

Business
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Moneycontrol•03-02-2026, 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.
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