Asian equities were expected to rise as markets reacted positively to a delay in potential US tariffs, raising hopes for negotiations. This optimism led to gains in Australia, Japan, and Hong Kong, and a record high for global stocks. Meanwhile, US President Donald Trump indicated possible reciprocal tariffs on trading partners.
Gold steadies near all-time high on Trump tariff concerns
Gold prices remain close to a record high amid safe-haven demand driven by concerns over U.S. President Trump’s tariff plans and potential inflation. Spot gold