Asian equities saw gains on Friday as resilient US labor market data lifted investor confidence. Markets in Japan, South Korea, and Australia were bolstered, and US stocks had a significant rally. Jobless claims in the US were lower than anticipated, easing recession fears and encouraging investment in riskier assets, including cryptocurrencies.
Brent slides over 3%, hits lowest level since 2021
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and